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Author Question: If the number of stages between input production and final product production increases then: a. ... (Read 103 times)

burton19126

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on: Jun 30, 2018
If the number of stages between input production and final product production increases then:
 a. GDP and GNP both rise.
  b. GDP and GNP both fall.
  c. GDP and GNP both remain unchanged.
  d. GDP rises and GNP falls.
  e. GDP falls and GNP rises.

Question 2

What would the Balance on Goods and Services equal given the following information?Government Taxes= 700; Saving= 100; Gross Private Domestic Investment= 400; Government Spending= 600
 a. It is impossible to tell.
  b. +1,800
  c. +200
  d. -200
  e. +800


katara

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  • Posts: 305
Reply #1 on: Jun 30, 2018
Answer to Question 1

.C

Answer to Question 2

.D


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