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Author Question: The dollar value of total output in the United States A) equals the value of all physical goods ... (Read 74 times)

pane00

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on: Jun 30, 2018
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.


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epscape

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Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

A


pane00

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Reply #2 on: Jun 30, 2018
Thank you :)


epscape

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Reply #3 on: Jun 30, 2018
Happy to help you


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