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

Author Question: The word final in the definition of GDP refers to A) not counting intermediate goods or services. ... (Read 90 times)

kfurse

  • Hero Member
  • *****
  • Posts: 590
The word final in the definition of GDP refers to
 
  A) not counting intermediate goods or services.
  B) the time period when production took place.
  C) valuing production at market prices.
  D) counting the intermediate goods and services used to produce GDP.

Question 2

The working-age population can be divided into two groups
 
  A) people in the labor force and people looking for work.
  B) people in the labor force and people with a job.
  C) people looking for work and those in the armed forces.
  D) people in the labor force and people who are not in the labor force.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

mariahkathleeen

  • Sr. Member
  • ****
  • Posts: 337
Answer to Question 1

A

Answer to Question 2

D




kfurse

  • Member
  • Posts: 590
Reply 2 on: Jun 29, 2018
Excellent


bigsis44

  • Member
  • Posts: 317
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

The modern decimal position system was the invention of the Hindus (around 800 AD), involving the placing of numerals to indicate their value (units, tens, hundreds, and so on).

Did you know?

Most strokes are caused when blood clots move to a blood vessel in the brain and block blood flow to that area. Thrombolytic therapy can be used to dissolve the clot quickly. If given within 3 hours of the first stroke symptoms, this therapy can help limit stroke damage and disability.

Did you know?

The term bacteria was devised in the 19th century by German biologist Ferdinand Cohn. He based it on the Greek word "bakterion" meaning a small rod or staff. Cohn is considered to be the father of modern bacteriology.

Did you know?

Every flu season is different, and even healthy people can get extremely sick from the flu, as well as spread it to others. The flu season can begin as early as October and last as late as May. Every person over six months of age should get an annual flu vaccine. The vaccine cannot cause you to get influenza, but in some seasons, may not be completely able to prevent you from acquiring influenza due to changes in causative viruses. The viruses in the flu shot are killed—there is no way they can give you the flu. Minor side effects include soreness, redness, or swelling where the shot was given. It is possible to develop a slight fever, and body aches, but these are simply signs that the body is responding to the vaccine and making itself ready to fight off the influenza virus should you come in contact with it.

Did you know?

Famous people who died from poisoning or drug overdose include, Adolf Hitler, Socrates, Juan Ponce de Leon, Marilyn Monroe, Judy Garland, and John Belushi.

For a complete list of videos, visit our video library