« previous next »

Author Question: For developed countries like the United States, GDP will always exceed GNP. Indicate whether the ... (Read 147 times)

SO00

  • Hero Member
  • *****
  • Posts: 568
on: Jun 29, 2018
For developed countries like the United States, GDP will always exceed GNP.
 
  Indicate whether the statement is true or false

Question 2

What is the output level predicted by the Cournot model? Discuss this in terms of the different market models that have been surveyed so far.
 
  What will be an ideal response?


wuly

  • Sr. Member
  • ****
  • Posts: 327
Reply #1 on: Jun 29, 2018
Answer to Question 1

FALSE

Answer to Question 2

The output level predicted by the Cournot model is between that of the monopoly and that of a perfectly competitive industry.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

More than 34,000 trademarked medication names and more than 10,000 generic medication names are in use in the United States.

Did you know?

Cancer has been around as long as humankind, but only in the second half of the twentieth century did the number of cancer cases explode.

Did you know?

Studies show that systolic blood pressure can be significantly lowered by taking statins. In fact, the higher the patient's baseline blood pressure, the greater the effect of statins on his or her blood pressure.

Did you know?

Never take aspirin without food because it is likely to irritate your stomach. Never give aspirin to children under age 12. Overdoses of aspirin have the potential to cause deafness.

Did you know?

There are more bacteria in your mouth than there are people in the world.

The recent mass upheavals in Tunisia, Egypt, Libya, Yemen, and Syria gave political scientists a cha The recent mass upheavals in Tunisia, Egypt, Libya, Yemen, and Syria gave political scientists a cha
Booker T. Washington in his office at Tuskegee Institute, 1900. Washington chose a policy of accommo Booker T. Washington in his office at Tuskegee Institute, 1900. Washington chose a policy of accommo
Countries of Origin of Asian Americans Countries of Origin of Asian Americans
The three states of matter: solid, liquid, and gas. The three states of matter: solid, liquid, and gas.
The inequality of per capita emissions between the developed world and the developing world The inequality of per capita emissions between the developed world and the developing world
Map of Arabic Speaking Countries Map of Arabic Speaking Countries
Video: Evolutionary tree of life Animation

For a complete list of videos, visit our video library