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

Author Question: Fill in the blank for the following: GDP is the value of all ________ produced in a given period. ... (Read 74 times)

jace

  • Hero Member
  • *****
  • Posts: 541
on: Jun 30, 2018
Fill in the blank for the following: GDP is the value of all ________ produced in a given period.
 
  A) final and intermediate goods and services produced by the private sector only
  B) final goods and services
  C) final and intermediate goods and services, plus raw materials
  D) all of the above
  E) none of the above

Question 2

In addition to capital accumulation and technological progress, what are some of the other possible explanations for recent output growth in China?
 
  What will be an ideal response?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

johnharpe

  • Sr. Member
  • ****
  • Posts: 338
Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

There are several additional potential causes of economic growth in China. These are: (1 ) the transition from central planning to a market economy; (2 ) the encouragement of joint ventures with foreign firms; and (3 ) protection of property rights.


jace

  • Member
  • Posts: 541
Reply 2 on: Jun 30, 2018
Excellent

dantucker

  • Member
  • Posts: 346
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

According to research, pregnant women tend to eat more if carrying a baby boy. Male fetuses may secrete a chemical that stimulates their mothers to step up her energy intake.

Did you know?

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

Did you know?

The eye muscles are the most active muscles in the whole body. The external muscles that move the eyes are the strongest muscles in the human body for the job they have to do. They are 100 times more powerful than they need to be.

Did you know?

Limit intake of red meat and dairy products made with whole milk. Choose skim milk, low-fat or fat-free dairy products. Limit fried food. Use healthy oils when cooking.

Did you know?

Drug abusers experience the following scenario: The pleasure given by their drug (or drugs) of choice is so strong that it is difficult to eradicate even after years of staying away from the substances involved. Certain triggers may cause a drug abuser to relapse. Research shows that long-term drug abuse results in significant changes in brain function that persist long after an individual stops using drugs. It is most important to realize that the same is true of not just illegal substances but alcohol and tobacco as well.

Shelled invertebrate fossils of the Ordovician period Shelled invertebrate fossils of the Ordovician period
Triassic Period Triassic Period
Embryonic Period Embryonic Period
Embryonic Period Embryonic Period
Embryonic Period Embryonic Period
During a period of high power demand, the voltage output of the power company is reduced by ... During a period of high power demand, the voltage output of the power company is reduced by ...
Video: Structures that affect circulation - heart and MABP

For a complete list of videos, visit our video library