« previous next »

Author Question: We measure gross domestic product by multiplying the quantities of goods by their prices because it ... (Read 89 times)

Bernana

  • Hero Member
  • *****
  • Posts: 530
on: Jun 30, 2018
We measure gross domestic product by multiplying the quantities of goods by their prices because it allows us to
 
  A) calculate the total number of units of goods produced in an economy.
  B) correct for inflation.
  C) directly compare the output of one economy to that of another.
  D) express the values of products in a common unit of measurement.

Question 2

All of the following are sources of funding for capital goods in developing countries EXCEPT
 
  A) portfolio investment. B) taxation.
  C) foreign direct investment. D) loans from banks.
Macroeconomics: Principles, Applications and Tools ¦ O'Sullivan, Sheffrin, Perez ¦ 7th Edition
Buy Test-Bank


Bison

  • Sr. Member
  • ****
  • Posts: 342
Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Excessive alcohol use costs the country approximately $235 billion every year.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

Drug abusers experience the following scenario: The pleasure given by their drug (or drugs) of choice is so strong that it is difficult to eradicate even after years of staying away from the substances involved. Certain triggers may cause a drug abuser to relapse. Research shows that long-term drug abuse results in significant changes in brain function that persist long after an individual stops using drugs. It is most important to realize that the same is true of not just illegal substances but alcohol and tobacco as well.

Did you know?

Between 1999 and 2012, American adults with high total cholesterol decreased from 18.3% to 12.9%

Did you know?

Vaccines cause herd immunity. If the majority of people in a community have been vaccinated against a disease, an unvaccinated person is less likely to get the disease since others are less likely to become sick from it and spread the disease.

A domestic Muscovy Duck with wings outstretched A domestic Muscovy Duck with wings outstretched
In The Gross Clinic (1875), by Thomas Eakins, Professor Samuel Gross’s team of surgeons cuts through In The Gross Clinic (1875), by Thomas Eakins, Professor Samuel Gross’s team of surgeons cuts through
Performing a Spirometry Test to Measure Forced Vital Capacity Performing a Spirometry Test to Measure Forced Vital Capacity
A typical peak-and-hold fuel-injector waveform. Most fuel injectors that measure less than 6 ohms ... A typical peak-and-hold fuel-injector waveform. Most fuel injectors that measure less than 6 ohms ...
To find the derivative use product rule To find the derivative use product rule
QTL mapping in domestic tomato QTL mapping in domestic tomato
Video: Premenstrual Syndrome

For a complete list of videos, visit our video library