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

Author Question: To calculate GDP using the value-added method, one would add up A) the market value of ... (Read 74 times)

drink

  • Hero Member
  • *****
  • Posts: 554
on: Jun 29, 2018
To calculate GDP using the value-added method, one would add up
 
  A) the market value of intermediate goods and services produced during a particular period.
  B) the value added by each firm involved in the production of final goods and services.
  C) the market value of final goods and services produced during a particular period.
  D) only the value added by the underground economy.

Question 2

Refer to Figure 18-1. Europe experiences an economic boom. Assuming all else remains constant, this would be represented as a movement from
 
  A) C to B. B) D to A. C) D to C. D) B to A.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

mcarey591

  • Sr. Member
  • ****
  • Posts: 365
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

C


drink

  • Member
  • Posts: 554
Reply 2 on: Jun 29, 2018
Gracias!

cassie_ragen

  • Member
  • Posts: 347
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

In the United States, an estimated 50 million unnecessary antibiotics are prescribed for viral respiratory infections.

Did you know?

An identified risk factor for osteoporosis is the intake of excessive amounts of vitamin A. Dietary intake of approximately double the recommended daily amount of vitamin A, by women, has been shown to reduce bone mineral density and increase the chances for hip fractures compared with women who consumed the recommended daily amount (or less) of vitamin A.

Did you know?

There are 60,000 miles of blood vessels in every adult human.

Did you know?

Signs and symptoms that may signify an eye tumor include general blurred vision, bulging eye(s), double vision, a sensation of a foreign body in the eye(s), iris defects, limited ability to move the eyelid(s), limited ability to move the eye(s), pain or discomfort in or around the eyes or eyelids, red or pink eyes, white or cloud spots on the eye(s), colored spots on the eyelid(s), swelling around the eyes, swollen eyelid(s), and general vision loss.

Did you know?

The senior population grows every year. Seniors older than 65 years of age now comprise more than 13% of the total population. However, women outlive men. In the 85-and-over age group, there are only 45 men to every 100 women.

Scientific Method Scientific Method
Measuring Systolic Blood Pressure Using the Palpatory Method Measuring Systolic Blood Pressure Using the Palpatory Method
How to calculate regular payments or deposits using the annuity formula (Question 1) How to calculate regular payments or deposits using the annuity formula (Question 1)
Stock Market Question Stock Market Question
Derivative using delta method Derivative using delta method
How to calculate the gain and loss gene numbers with low bootstrap of phylogenetic tree? How to calculate the gain and loss gene numbers with low bootstrap of phylogenetic tree?
Video: Status Epilepticus

For a complete list of videos, visit our video library