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 76 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
Great answer, keep it coming :)

aliotak

  • Member
  • Posts: 326
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

More than 2,500 barbiturates have been synthesized. At the height of their popularity, about 50 were marketed for human use.

Did you know?

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

Did you know?

All adults should have their cholesterol levels checked once every 5 years. During 2009–2010, 69.4% of Americans age 20 and older reported having their cholesterol checked within the last five years.

Did you know?

HIV testing reach is still limited. An estimated 40% of people with HIV (more than 14 million) remain undiagnosed and do not know their infection status.

Did you know?

Vampire bats have a natural anticoagulant in their saliva that permits continuous bleeding after they painlessly open a wound with their incisors. This capillary blood does not cause any significant blood loss to their victims.

Skin color variations Skin color variations
Question Question
Surpluses and shortages question Surpluses and shortages question
economic question economic question
economic question economic question
Youtube Question Youtube Question
Video: Electromagnetic Spectrum, Chlorophyll and Pigment & Light

For a complete list of videos, visit our video library