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

Author Question: Gross domestic product is the total ________ produced within a country in a given time period. A) ... (Read 101 times)

Starlight

  • Hero Member
  • *****
  • Posts: 567
Gross domestic product is the total ________ produced within a country in a given time period.
 
  A) market value of all final and intermediate goods and services
  B) market value of all goods and services
  C) amount of final and intermediate goods and services
  D) market value of all final goods and services

Question 2

When determining value added, national income accounting systematically ignore
 
  A) accounting profits.
  B) economic profits.
  C) accounting losses.
  D) the expected market value of unsold inventory.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Chou

  • Sr. Member
  • ****
  • Posts: 335
Answer to Question 1

D

Answer to Question 2

B




Starlight

  • Member
  • Posts: 567
Reply 2 on: Jun 29, 2018
Excellent


amynguyen1221

  • Member
  • Posts: 355
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

All patients with hyperparathyroidism will develop osteoporosis. The parathyroid glands maintain blood calcium within the normal range. All patients with this disease will continue to lose calcium from their bones every day, and there is no way to prevent the development of osteoporosis as a result.

Did you know?

Although not all of the following muscle groups are commonly used, intramuscular injections may be given into the abdominals, biceps, calves, deltoids, gluteals, laterals, pectorals, quadriceps, trapezoids, and triceps.

Did you know?

Asthma is the most common chronic childhood disease in the world. Most children who develop asthma have symptoms before they are 5 years old.

Did you know?

The U.S. Preventive Services Task Force recommends that all women age 65 years of age or older should be screened with bone densitometry.

Did you know?

The strongest synthetic topical retinoid drug available, tazarotene, is used to treat sun-damaged skin, acne, and psoriasis.

For a complete list of videos, visit our video library