This topic contains a solution. Click here to go to the answer

Author Question: Gross domestic product (GDP) is A) the value of all final goods and services produced in a ... (Read 126 times)

tnt_battle

  • Hero Member
  • *****
  • Posts: 556
Gross domestic product (GDP) is
 
  A) the value of all final goods and services produced in a country during a year.
  B) the sum of consumption expenditure, investment, government expenditure on goods and services, and net exports.
  C) the sum of compensation of employees, proprietors' income, net interest, rental income, corporate profits, depreciation, and indirect business taxes minus subsidies.
  D) all of the above.

Question 2

The term capital, as used in macroeconomics, refers to
 
  A) the amount of money that someone can invest in a new venture.
  B) the amount of money a firm can raise in the stock market.
  C) physical capital.
  D) All of the above answers are correct.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

eliasc0401

  • Sr. Member
  • ****
  • Posts: 338
Answer to Question 1

D

Answer to Question 2

C




tnt_battle

  • Member
  • Posts: 556
Reply 2 on: Jun 29, 2018
Excellent


bassamabas

  • Member
  • Posts: 294
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

In 2010, opiate painkllers, such as morphine, OxyContin®, and Vicodin®, were tied to almost 60% of drug overdose deaths.

Did you know?

The eye muscles are the most active muscles in the whole body. The external muscles that move the eyes are the strongest muscles in the human body for the job they have to do. They are 100 times more powerful than they need to be.

Did you know?

The familiar sounds of your heart are made by the heart's valves as they open and close.

Did you know?

Despite claims by manufacturers, the supplement known as Ginkgo biloba was shown in a study of more than 3,000 participants to be ineffective in reducing development of dementia and Alzheimer’s disease in older people.

Did you know?

A serious new warning has been established for pregnant women against taking ACE inhibitors during pregnancy. In the study, the risk of major birth defects in children whose mothers took ACE inhibitors during the first trimester was nearly three times higher than in children whose mothers didn't take ACE inhibitors. Physicians can prescribe alternative medications for pregnant women who have symptoms of high blood pressure.

For a complete list of videos, visit our video library