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

Author Question: ________ is the market value of final goods and services produced in a country in a given period of ... (Read 48 times)

anshika

  • Hero Member
  • *****
  • Posts: 510
on: Jun 29, 2018
________ is the market value of final goods and services produced in a country in a given period of time?
 
  A) Gross national product
  B) Gross domestic product
  C) Net national product
  D) Net domestic product

Question 2

Which of the following statements is true?
 
  A) Command economies do a better job at maximizing social welfare in comparison to market economies.
  B) The incentive problem and the coordination problem lead to lower efficiency in market economies.
  C) Central planners in command economies have to make decisions that prices would have automatically made in market economies.
  D) Bringing economic agents together to trade is easier in command economies in comparison to market economies.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

tandmlomax84

  • Sr. Member
  • ****
  • Posts: 323
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

C


anshika

  • Member
  • Posts: 510
Reply 2 on: Jun 29, 2018
:D TYSM

miss.ashley

  • Member
  • Posts: 371
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Signs and symptoms of a drug overdose include losing consciousness, fever or sweating, breathing problems, abnormal pulse, and changes in skin color.

Did you know?

A recent study has found that following a diet rich in berries may slow down the aging process of the brain. This diet apparently helps to keep dopamine levels much higher than are seen in normal individuals who do not eat berries as a regular part of their diet as they enter their later years.

Did you know?

Fatal fungal infections may be able to resist newer antifungal drugs. Globally, fungal infections are often fatal due to the lack of access to multiple antifungals, which may be required to be utilized in combination. Single antifungals may not be enough to stop a fungal infection from causing the death of a patient.

Did you know?

Hip fractures are the most serious consequences of osteoporosis. The incidence of hip fractures increases with each decade among patients in their 60s to patients in their 90s for both women and men of all populations. Men and women older than 80 years of age show the highest incidence of hip fractures.

Did you know?

Pope Sylvester II tried to introduce Arabic numbers into Europe between the years 999 and 1003, but their use did not catch on for a few more centuries, and Roman numerals continued to be the primary number system.

Timing of teratogens. Vulnerability to teratogens is greatest in the embryonic period. Source: Moore Timing of teratogens. Vulnerability to teratogens is greatest in the embryonic period. Source: Moore
Embryonic Period Embryonic Period
Embryonic Period Embryonic Period
If 25 kg of ice at 0C is combined with 4 kg of steam at 100C, what will be the final ... If 25 kg of ice at 0C is combined with 4 kg of steam at 100C, what will be the final ...
What nuclide is produced when Pb-210 decays by beta emission? What nuclide is produced when Pb-210 decays by beta emission?
Video: Calvin cycle (The light-independent reactions )

For a complete list of videos, visit our video library