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

Author Question: Gross domestic product is the total ________ produced within a country in a given time period. A) ... (Read 109 times)

Starlight

  • Hero Member
  • *****
  • Posts: 567
on: Jun 29, 2018
Gross domestic product is the total ________ produced within a country in a given time period.
 
  A) market value of all final and intermediate goods and services
  B) market value of all goods and services
  C) amount of final and intermediate goods and services
  D) market value of all final goods and services

Question 2

When determining value added, national income accounting systematically ignore
 
  A) accounting profits.
  B) economic profits.
  C) accounting losses.
  D) the expected market value of unsold inventory.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Chou

  • Sr. Member
  • ****
  • Posts: 335
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

B


Starlight

  • Member
  • Posts: 567
Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

Jossy

  • Member
  • Posts: 336
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Human kidneys will clean about 1 million gallons of blood in an average lifetime.

Did you know?

The toxic levels for lithium carbonate are close to the therapeutic levels. Signs of toxicity include fine hand tremor, polyuria, mild thirst, nausea, general discomfort, diarrhea, vomiting, drowsiness, muscular weakness, lack of coordination, ataxia, giddiness, tinnitus, and blurred vision.

Did you know?

There are over 65,000 known species of protozoa. About 10,000 species are parasitic.

Did you know?

The first documented use of surgical anesthesia in the United States was in Connecticut in 1844.

Did you know?

Only 12 hours after an egg cell is fertilized by a sperm cell, the egg cell starts to divide. As it continues to divide, it moves along the fallopian tube toward the uterus at about 1 inch per day.

Domestic cat Domestic cat
Recombinants are produced by crossovers Recombinants are produced by crossovers
The principle of faunal succession uses animal fossils to tell relative time. The principle of faunal succession uses animal fossils to tell relative time.
Night Attack on the Sanjo Palace (detail), from the Scrolls of Events of the Heiji Period. Night Attack on the Sanjo Palace (detail), from the Scrolls of Events of the Heiji Period.
Apply circular friction and direct pressure to suboccipital muscles one side at a time.Turn head to ... Apply circular friction and direct pressure to suboccipital muscles one side at a time.Turn head to ...
40th Week pregnancy period baby 40th Week pregnancy period baby
Video: What is an ecosystem?

For a complete list of videos, visit our video library