This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Gross domestic product (GDP) is A) the value of all final goods and services produced in a ... (Read 147 times)

tnt_battle

  • Hero Member
  • *****
  • Posts: 556
on: Jun 29, 2018
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
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

C


tnt_battle

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

atrochim

  • Member
  • Posts: 331
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Oxytocin is recommended only for pregnancies that have a medical reason for inducing labor (such as eclampsia) and is not recommended for elective procedures or for making the birthing process more convenient.

Did you know?

The National Institutes of Health have supported research into acupuncture. This has shown that acupuncture significantly reduced pain associated with osteoarthritis of the knee, when used as a complement to conventional therapies.

Did you know?

Patients who cannot swallow may receive nutrition via a parenteral route—usually, a catheter is inserted through the chest into a large vein going into the heart.

Did you know?

Though “Krazy Glue” or “Super Glue” has the ability to seal small wounds, it is not recommended for this purpose since it contains many substances that should not enter the body through the skin, and may be harmful.

Did you know?

There are over 65,000 known species of protozoa. About 10,000 species are parasitic.

Sample of an informed consent to perform an operation, sedation, anesthesia, and other medical servi Sample of an informed consent to perform an operation, sedation, anesthesia, and other medical servi
One target for expanding medical services involves vaccinations. Only 78 percent of children ages 19 ... One target for expanding medical services involves vaccinations. Only 78 percent of children ages 19 ...
The human eye, a product of 600 million years of evolution (Lamb, Collin, & Pugh, 2007). The human eye, a product of 600 million years of evolution (Lamb, Collin, & Pugh, 2007).
Major Agricultural Crops Produced in the United States, 2011 Major Agricultural Crops Produced in the United States, 2011
A Production Function with Diminishing Marginal Product of Capital A Production Function with Diminishing Marginal Product of Capital
Opener Colored scanning electron micrograph of two prostate cancer cells in the final stages of cell Opener Colored scanning electron micrograph of two prostate cancer cells in the final stages of cell
Video: Ventilation - phases and driving forces

For a complete list of videos, visit our video library