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

Author Question: GDP is: a. the value of all final goods and services produced domestically within a given period of ... (Read 196 times)

SGallaher96

  • Hero Member
  • *****
  • Posts: 509
on: Jun 30, 2018
GDP is:
 a. the value of all final goods and services produced domestically within a given period of time.
 b. the value of all final good and services produced anywhere in the world by a nation's firms within a given period of time.
  c. the value of all final goods and services produced by a government within a given period of time.
 d. the sum of all currency and coins in circulation.

Question 2

The aggregate supply curve shows the negative relationship between general price level and real GDP.
 a. True
  b. False
  Indicate whether the statement is true or false


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Tonyam972

  • Sr. Member
  • ****
  • Posts: 342
Reply #1 on: Jun 30, 2018
Answer to Question 1

a

Answer to Question 2

False


SGallaher96

  • Hero Member
  • *****
  • Posts: 509
Reply #2 on: Jun 30, 2018
Thank you


Tonyam972

  • Sr. Member
  • ****
  • Posts: 342
Reply #3 on: Jun 30, 2018
No problemo


« previous next »
 

Did you know?

Walt Disney helped combat malaria by making an animated film in 1943 called The Winged Scourge. This short film starred the seven dwarfs and taught children that mosquitos transmit malaria, which is a very bad disease. It advocated the killing of mosquitos to stop the disease.

Did you know?

Approximately 15–25% of recognized pregnancies end in miscarriage. However, many miscarriages often occur before a woman even knows she is pregnant.

Did you know?

Your heart beats over 36 million times a year.

Did you know?

Carbamazepine can interfere with the results of home pregnancy tests. If you are taking carbamazepine, do not try to test for pregnancy at home.

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Texaco, which produced this poster, used a racist caricature to discourage absenteeism among ... Texaco, which produced this poster, used a racist caricature to discourage absenteeism among ...
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 ...
Adolescence is a key period for the development of lifelong interests and career paths. Adolescence is a key period for the development of lifelong interests and career paths.
Shippers Declaration for Dangerous Goods Shippers Declaration for Dangerous Goods
Embryonic Period - organogenesis Embryonic Period - organogenesis
Maple syrup is produced by evaporating most of the water from sap collected from maple trees in Maple syrup is produced by evaporating most of the water from sap collected from maple trees in
Video: Neural regulation of blood pressure - baroreceptor and chemoreceptor reflexes

For a complete list of videos, visit our video library