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

Author Question: How is real GDP calculated? What will be an ideal response?[br][br][b][color=#165FFA]Question ... (Read 41 times)

Mollykgkg

  • Hero Member
  • *****
  • Posts: 529
on: Jun 29, 2018
How is real GDP calculated?
 
  What will be an ideal response?

Question 2

Which aspects of globalization help to increase growth in the world economy?
 
  What will be an ideal response?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

katkat_flores

  • Sr. Member
  • ****
  • Posts: 328
Reply #1 on: Jun 29, 2018
Answer to Question 1

The traditional method of calculating real GDP is to value each year's production using the constant prices of a fixed base year and then sum all the values.

Answer to Question 2

Economic growth relies on the channel through which household savings are made available for capital investment. Aspects of globalization that have made this channel more efficient include (


Mollykgkg

  • Member
  • Posts: 529
Reply 2 on: Jun 29, 2018
:D TYSM

dreamfighter72

  • Member
  • Posts: 355
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Complications of influenza include: bacterial pneumonia, ear and sinus infections, dehydration, and worsening of chronic conditions such as asthma, congestive heart failure, or diabetes.

Did you know?

Pubic lice (crabs) are usually spread through sexual contact. You cannot catch them by using a public toilet.

Did you know?

A headache when you wake up in the morning is indicative of sinusitis. Other symptoms of sinusitis can include fever, weakness, tiredness, a cough that may be more severe at night, and a runny nose or nasal congestion.

Did you know?

Automated pill dispensing systems have alarms to alert patients when the correct dosing time has arrived. Most systems work with many varieties of medications, so patients who are taking a variety of drugs can still be in control of their dose regimen.

Did you know?

Fungal nail infections account for up to 30% of all skin infections. They affect 5% of the general population—mostly people over the age of 70.

A simulated-color map of the surface of Venus as measured by synthetic aperture radar on the Magella A simulated-color map of the surface of Venus as measured by synthetic aperture radar on the Magella
question asked question asked
Slope Question Slope Question
Economics question Economics question
economic question economic question
Color-enhanced electron micrograph of a DNA replication bubble and replication forks Color-enhanced electron micrograph of a DNA replication bubble and replication forks
Video: How proteins function? How do proteins work?

For a complete list of videos, visit our video library