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

Author Question: GDP is: a. the value of all final goods and services produced domestically within a given period of ... (Read 101 times)

SGallaher96

  • Hero Member
  • *****
  • Posts: 509
on: Jun 30, 2018
GDP is:
 a. the value of all final goods and services produced domestically within a given period of time.
 b. the value of all final good and services produced anywhere in the world by a nation's firms within a given period of time.
  c. the value of all final goods and services produced by a government within a given period of time.
 d. the sum of all currency and coins in circulation.

Question 2

The aggregate supply curve shows the negative relationship between general price level and real GDP.
 a. True
  b. False
  Indicate whether the statement is true or false


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Tonyam972

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

a

Answer to Question 2

False


SGallaher96

  • Hero Member
  • *****
  • Posts: 509
Reply #2 on: Jun 30, 2018
Thank you


Tonyam972

  • Sr. Member
  • ****
  • Posts: 342
Reply #3 on: Jun 30, 2018
No problemo


« previous next »
 

Did you know?

Of the estimated 2 million heroin users in the United States, 600,000–800,000 are considered hardcore addicts. Heroin addiction is considered to be one of the hardest addictions to recover from.

Did you know?

Colchicine is a highly poisonous alkaloid originally extracted from a type of saffron plant that is used mainly to treat gout.

Did you know?

Historic treatments for rheumatoid arthritis have included gold salts, acupuncture, a diet consisting of apples or rhubarb, nutmeg, nettles, bee venom, bracelets made of copper, prayer, rest, tooth extractions, fasting, honey, vitamins, insulin, snow collected on Christmas, magnets, and electric convulsion therapy.

Did you know?

Blood in the urine can be a sign of a kidney stone, glomerulonephritis, or other kidney problems.

Did you know?

Barbituric acid, the base material of barbiturates, was first synthesized in 1863 by Adolph von Bayer. His company later went on to synthesize aspirin for the first time, and Bayer aspirin is still a popular brand today.

The light produced by fireflies is the result of a reaction The light produced by fireflies is the result of a reaction
The site of Dmanisi has produced some of the earliest H. erectus outside of Africa. The site of Dmanisi has produced some of the earliest H. erectus outside of Africa.
Ecosystem goods and services and monetary values Ecosystem goods and services and monetary values
Coolest Period Table EVER Coolest Period Table EVER
Embryonic Period Embryonic Period
Calico coat, produced by X inactivation in female cats Calico coat, produced by X inactivation in female cats
Video: Digestion Animation

For a complete list of videos, visit our video library