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Author Question: In listing both the amount and cost of Wal-Mart's 2014 sales, this Application is addressing the ... (Read 29 times)

Frost2351

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on: Jun 30, 2018
In listing both the amount and cost of Wal-Mart's 2014 sales, this Application is addressing the economic concept of
 
  A) chain-weighted indexes. B) value added.
  C) real versus nominal GDP. D) GDP as a measure of welfare.

Question 2

An international agency uses the prices of iPads in different countries to compute the exchange rate between the currencies of these countries. Which of the following measures is based on a similar idea?
 
  A) The midcap index B) The Human Development Index
  C) The Big Mac Index D) The GDP deflator


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Tonyam972

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Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

C


Frost2351

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Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

DylanD1323

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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