Author Question: As opposed to GDP, GNP tries to measure A) the happiness of a nation. B) the value of all ... (Read 54 times)

Alainaaa8

  • Hero Member
  • *****
  • Posts: 576
As opposed to GDP, GNP tries to measure
 
  A) the happiness of a nation.
  B) the value of all intermediate goods produced in a nation.
  C) the economic performance of a nation's citizens regardless of where they happen to be producing.
  D) the economic performance of a country's economy regardless of the nationality of the producers.

Question 2

Why did India's economic growth rate lag far behind growth rates in South Korea, Japan, and Taiwan between 1960 and 1999?
 
  A) Indian households saved too much and spent too little.
  B) Indian government officials opened the nation up to free international trade.
  C) India engaged in central economic planning.
  D) India has too small of a population to generate a highly specialized division of labor.



mjenn52

  • Sr. Member
  • ****
  • Posts: 351
Answer to Question 1

C

Answer to Question 2

C



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

Despite claims by manufacturers, the supplement known as Ginkgo biloba was shown in a study of more than 3,000 participants to be ineffective in reducing development of dementia and Alzheimer’s disease in older people.

Did you know?

In 1844, Charles Goodyear obtained the first patent for a rubber condom.

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?

Individuals are never “cured” of addictions. Instead, they learn how to manage their disease to lead healthy, balanced lives.

Did you know?

The first oncogene was discovered in 1970 and was termed SRC (pronounced "SARK").

For a complete list of videos, visit our video library