« previous next »

Author Question: Gross domestic product (GDP) is defined as: a. the market value of all final goods and services ... (Read 37 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?

Pope Sylvester II tried to introduce Arabic numbers into Europe between the years 999 and 1003, but their use did not catch on for a few more centuries, and Roman numerals continued to be the primary number system.

Did you know?

Many people have small pouches in their colons that bulge outward through weak spots. Each pouch is called a diverticulum. About 10% of Americans older than age 40 years have diverticulosis, which, when the pouches become infected or inflamed, is called diverticulitis. The main cause of diverticular disease is a low-fiber diet.

Did you know?

Famous people who died from poisoning or drug overdose include, Adolf Hitler, Socrates, Juan Ponce de Leon, Marilyn Monroe, Judy Garland, and John Belushi.

Did you know?

Certain topical medications such as clotrimazole and betamethasone are not approved for use in children younger than 12 years of age. They must be used very cautiously, as directed by a doctor, to treat any child. Children have a much greater response to topical steroid medications.

Did you know?

Allergies play a major part in the health of children. The most prevalent childhood allergies are milk, egg, soy, wheat, peanuts, tree nuts, and seafood.

The term wasp is typically defined as any insect of the order Hymenoptera and suborder Apocrita that The term wasp is typically defined as any insect of the order Hymenoptera and suborder Apocrita that
CPT Modifiers Used for Medical Office Services Cont. CPT Modifiers Used for Medical Office Services Cont.
HCPCs Modifiers Used for Medical Office Services HCPCs Modifiers Used for Medical Office Services
Ecosystem Services Ecosystem Services
Importance of Considering Gestalt Principles in Product Design Importance of Considering Gestalt Principles in Product Design
Find derivative using product rule Find derivative using product rule
Video: Darwin's Observation (Fossils, Galapagos Islands & Africa ) and Natural Selection (Adaptive Traits)

For a complete list of videos, visit our video library