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

Author Question: The dollar value of total output in the United States A) equals the value of all physical goods ... (Read 63 times)

pane00

  • Hero Member
  • *****
  • Posts: 579
The dollar value of total output in the United States
 
  A) equals the value of all physical goods sold in the United States.
  B) equals all the value of U.S. stocks on the world's stock exchanges.
  C) equals the value of all resources that can be found in the United States.
  D) equals the market value of all final goods and services produced in the United States.

Question 2

Which of the following statements is NOT true about economic growth?
 
  A) Growth is measured as the overall level of real GDP.
  B) Growth generally means that overall the members of the nation are better off materially.
  C) When growth occurs the production possibilities curve shifts outward.
  D) Growth represents an increase in a nation's productive capacity.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

epscape

  • Sr. Member
  • ****
  • Posts: 335
Answer to Question 1

D

Answer to Question 2

A





 

Did you know?

According to the CDC, approximately 31.7% of the U.S. population has high low-density lipoprotein (LDL) or "bad cholesterol" levels.

Did you know?

Congestive heart failure is a serious disorder that carries a reduced life expectancy. Heart failure is usually a chronic illness, and it may worsen with infection or other physical stressors.

Did you know?

Common abbreviations that cause medication errors include U (unit), mg (milligram), QD (every day), SC (subcutaneous), TIW (three times per week), D/C (discharge or discontinue), HS (at bedtime or "hours of sleep"), cc (cubic centimeters), and AU (each ear).

Did you know?

Human neurons are so small that they require a microscope in order to be seen. However, some neurons can be up to 3 feet long, such as those that extend from the spinal cord to the toes.

Did you know?

Human stomach acid is strong enough to dissolve small pieces of metal such as razor blades or staples.

For a complete list of videos, visit our video library