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

Author Question: Which part of this definition for GDP is incorrect? GDP measures the: a. Market value of, b. All ... (Read 42 times)

elizabeth18

  • Hero Member
  • *****
  • Posts: 559
on: Jun 30, 2018
Which part of this definition for GDP is incorrect? GDP measures the:
 a. Market value of,
  b. All final and intermediate goods and services,
  c. Produced,
  d. By domestically owned or foreign-owned resources,
  e. Over a given period of time.

Question 2

A deficit in the current account means:
 a. Actually, a deficit in the current account is impossible. It must equal zero.
  b. Imports of goods and services exceed exports of goods and services.
  c. The sum of the financial and capital accounts is positive.
  d. The sum of exports of goods and services plus net international income is negative.
  e. The sum of the financial, capital, and reserve accounts is positive.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

nyrave

  • Sr. Member
  • ****
  • Posts: 344
Reply #1 on: Jun 30, 2018
Answer to Question 1

.B

Answer to Question 2

.C


elizabeth18

  • Member
  • Posts: 559
Reply 2 on: Jun 30, 2018
:D TYSM

Dominic

  • Member
  • Posts: 328
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates's recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

Children of people with alcoholism are more inclined to drink alcohol or use hard drugs. In fact, they are 400 times more likely to use hard drugs than those who do not have a family history of alcohol addiction.

Did you know?

Cocaine was isolated in 1860 and first used as a local anesthetic in 1884. Its first clinical use was by Sigmund Freud to wean a patient from morphine addiction. The fictional character Sherlock Holmes was supposed to be addicted to cocaine by injection.

Did you know?

As of mid-2016, 18.2 million people were receiving advanced retroviral therapy (ART) worldwide. This represents between 43–50% of the 34–39.8 million people living with HIV.

Did you know?

Most women experience menopause in their 50s. However, in 1994, an Italian woman gave birth to a baby boy when she was 61 years old.

Apothecary measures of weights were often used for prescription writing, especially for compounding. ... Apothecary measures of weights were often used for prescription writing, especially for compounding. ...
How to integrate by parts (Part 1) How to integrate by parts (Part 1)
How to find the domain of a function (Part 2) How to find the domain of a function (Part 2)
Recent history of biochemistry shown by the introduction of new techniques. (part 1) Recent history of biochemistry shown by the introduction of new techniques. (part 1)
How to use the laws of exponents to simplify an expression (Part 1) How to use the laws of exponents to simplify an expression (Part 1)
How to expand a polynomial (Part 1) How to expand a polynomial (Part 1)
Video: Introduction to Cystic Fibrosis

For a complete list of videos, visit our video library