« previous next »

Author Question: Gross domestic product (GDP) is defined as: a. the market value of all final goods and services ... (Read 63 times)

oliviahorn72

  • Hero Member
  • *****
  • Posts: 579
on: Jun 30, 2018
Gross domestic product (GDP) is defined as:
 a. the market value of all final goods and services produced within the borders of a nation.
  b. incomes received by all of a nation's households.
  c. the quantity of each good and service produced by U.S. residents.
  d. none of these.

Question 2

GDP:
 a. is the dollar value of all the final goods and services produced within the borders of a nation.
  b. includes intermediate and final goods and services.
  c. minus an allowance for depreciation of fixed capital equals GNP.
  d. is a less-than-perfect measure of social well-being because it does not include exports and imports.
  e. all of these.


mirabriestensky

  • Sr. Member
  • ****
  • Posts: 325
Reply #1 on: Jun 30, 2018
Answer to Question 1

a

Answer to Question 2

a


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

In Eastern Europe and Russia, interferon is administered intranasally in varied doses for the common cold and influenza. It is claimed that this treatment can lower the risk of infection by as much as 60–70%.

Did you know?

An identified risk factor for osteoporosis is the intake of excessive amounts of vitamin A. Dietary intake of approximately double the recommended daily amount of vitamin A, by women, has been shown to reduce bone mineral density and increase the chances for hip fractures compared with women who consumed the recommended daily amount (or less) of vitamin A.

Did you know?

The toxic levels for lithium carbonate are close to the therapeutic levels. Signs of toxicity include fine hand tremor, polyuria, mild thirst, nausea, general discomfort, diarrhea, vomiting, drowsiness, muscular weakness, lack of coordination, ataxia, giddiness, tinnitus, and blurred vision.

Did you know?

The cure for trichomoniasis is easy as long as the patient does not drink alcoholic beverages for 24 hours. Just a single dose of medication is needed to rid the body of the disease. However, without proper precautions, an individual may contract the disease repeatedly. In fact, most people develop trichomoniasis again within three months of their last treatment.

Did you know?

Certain rare plants containing cyanide include apricot pits and a type of potato called cassava. Fortunately, only chronic or massive ingestion of any of these plants can lead to serious poisoning.

Gross Anatomy of a Long Bone Gross Anatomy of a Long Bone
At breakfast, a middle-class husband sits absorbed in the newspaper and the public affairs of the da At breakfast, a middle-class husband sits absorbed in the newspaper and the public affairs of the da
A close relationship between greenhouse gas emissions and a country’s gross domestic product A close relationship between greenhouse gas emissions and a country’s gross domestic product
Stock Market Tracks Growth in GDP Stock Market Tracks Growth in GDP
What is the concentration of HNO3 in the final solution when 70.0 mL of a 6.00 M HNO3 solution ... What is the concentration of HNO3 in the final solution when 70.0 mL of a 6.00 M HNO3 solution ...
Iraqi market Iraqi market
Video: Import of Dietary Glucose from Intestines to Bloodstream

For a complete list of videos, visit our video library