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

Author Question: Gross domestic product is a measure of: a. market value of a nation's capital assets (physical ... (Read 81 times)

Haya94

  • Hero Member
  • *****
  • Posts: 558
Gross domestic product is a measure of:
 a. market value of a nation's capital assets (physical capital).
  b. expenditures on and sales revenues derived from all goods and services exchanged during a period.
  c. market value of the output produced during a period.
  d. asset holdings of people and the happiness that they derived from the ownership of those assets.

Question 2

The largest component of GDP is:
 a. personal consumption expenditures.
  b. government spending.
  c. durable goods.
  d. net exports.
  e. gross private domestic investment.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

todom5090

  • Sr. Member
  • ****
  • Posts: 328
Answer to Question 1

c

Answer to Question 2

a




Haya94

  • Member
  • Posts: 558
Reply 2 on: Jun 30, 2018
Wow, this really help


LegendaryAnswers

  • Member
  • Posts: 341
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

Ether was used widely for surgeries but became less popular because of its flammability and its tendency to cause vomiting. In England, it was quickly replaced by chloroform, but this agent caused many deaths and lost popularity.

Did you know?

Lower drug doses for elderly patients should be used first, with titrations of the dose as tolerated to prevent unwanted drug-related pharmacodynamic effects.

Did you know?

The first oral chemotherapy drug for colon cancer was approved by FDA in 2001.

Did you know?

IgA antibodies protect body surfaces exposed to outside foreign substances. IgG antibodies are found in all body fluids. IgM antibodies are the first type of antibody made in response to an infection. IgE antibody levels are often high in people with allergies. IgD antibodies are found in tissues lining the abdomen and chest.

Did you know?

Asthma occurs in one in 11 children and in one in 12 adults. African Americans and Latinos have a higher risk for developing asthma than other groups.

For a complete list of videos, visit our video library