Author Question: Gross domestic product (GDP) includes: a. intermediate as well as final goods. b. foreign goods as ... (Read 50 times)

ereecah

  • Hero Member
  • *****
  • Posts: 530
Gross domestic product (GDP) includes:
 a. intermediate as well as final goods.
  b. foreign goods as well as domestically produced goods.
  c. used goods sold in the current time period.
  d. only final goods and services.

Question 2

Payments to households not in exchange for goods and services currently produced are:
 a. transfer payments.
  b. government purchases.
  c. consumption expenditures.
  d. investment expenditures.



Shshxj

  • Sr. Member
  • ****
  • Posts: 335
Answer to Question 1

d

Answer to Question 2

a



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

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?

There used to be a metric calendar, as well as metric clocks. The metric calendar, or "French Republican Calendar" divided the year into 12 months, but each month was divided into three 10-day weeks. Each day had 10 decimal hours. Each hour had 100 decimal minutes. Due to lack of popularity, the metric clocks and calendars were ended in 1795, three years after they had been first marketed.

Did you know?

People with high total cholesterol have about two times the risk for heart disease as people with ideal levels.

Did you know?

It is important to read food labels and choose foods with low cholesterol and saturated trans fat. You should limit saturated fat to no higher than 6% of daily calories.

Did you know?

About 600,000 particles of skin are shed every hour by each human. If you live to age 70 years, you have shed 105 pounds of dead skin.

For a complete list of videos, visit our video library