Author Question: The slope of a curve measures A) only the change in the horizontal variable. B) the length of ... (Read 77 times)

imanialler

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The slope of a curve measures
 
  A) only the change in the horizontal variable.
  B) the length of the curve.
  C) only the change in the vertical variable.
  D) the change in one variable in response to the change in the other variable.

Question 2

What is the relationship between the gross domestic product of a country and its gross national product?
 
  What will be an ideal response?


lorealeza77

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Answer to Question 1

D

Answer to Question 2

Gross domestic product of a country is the final value of all goods and services produced within the borders of a country, while gross national product is the final value of all goods and services produced by a country's factors of production during a particular year. Therefore, in order to obtain gross national product, the production of domestic factors of production within foreign borders needs to be added and the production of foreign factors of production within domestic borders needs to be subtracted from gross domestic product.



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