Author Question: We measure gross domestic product by multiplying the quantities of goods by their prices because it ... (Read 54 times)

Bernana

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We measure gross domestic product by multiplying the quantities of goods by their prices because it allows us to
 
  A) calculate the total number of units of goods produced in an economy.
  B) correct for inflation.
  C) directly compare the output of one economy to that of another.
  D) express the values of products in a common unit of measurement.

Question 2

All of the following are sources of funding for capital goods in developing countries EXCEPT
 
  A) portfolio investment. B) taxation.
  C) foreign direct investment. D) loans from banks.


Bison

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Answer to Question 1

D

Answer to Question 2

B



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