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

Author Question: Which one of the following statements is INCORRECT? A) The higher the GDP of a country, the more ... (Read 18 times)

ARLKQ

  • Hero Member
  • *****
  • Posts: 571
on: Jul 14, 2018
Which one of the following statements is INCORRECT?
 
  A) The higher the GDP of a country, the more equal its income distribution.
  B) The primary sector accounts for a larger share of GDP for LDCs than MDCs.
  C) Workers in MDCs are more productive than those in LDCs.
  D) The HDI is a function of economics, social, and demographic indicators.
  E) PPP accounts for differences in cost among countries for the same basket of goods.

Question 2

Gross domestic product (GDP) is the
 
  A) total value of the outputs minus inputs of goods and services produced in a country during a year.
  B) total value of exports of goods and services produced in a country during a year.
  C) total value of outputs of goods and services produced in a country during a year.
  D) total value of human capital development in a country during a year.
  E) total value of investments made in domestic and foreign sources of revenue during a year.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

C.mcnichol98

  • Sr. Member
  • ****
  • Posts: 314
Reply #1 on: Jul 14, 2018
Answer to Question 1

Answer: A

Answer to Question 2

Answer: C


ARLKQ

  • Hero Member
  • *****
  • Posts: 571
Reply #2 on: Jul 14, 2018
Correct answers!


C.mcnichol98

  • Sr. Member
  • ****
  • Posts: 314
Reply #3 on: Jul 14, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

Nearly all drugs pass into human breast milk. How often a drug is taken influences the amount of drug that will pass into the milk. Medications taken 30 to 60 minutes before breastfeeding are likely to be at peak blood levels when the baby is nursing.

Did you know?

Atropine, along with scopolamine and hyoscyamine, is found in the Datura stramonium plant, which gives hallucinogenic effects and is also known as locoweed.

Did you know?

If you could remove all of your skin, it would weigh up to 5 pounds.

Did you know?

For about 100 years, scientists thought that peptic ulcers were caused by stress, spicy food, and alcohol. Later, researchers added stomach acid to the list of causes and began treating ulcers with antacids. Now it is known that peptic ulcers are predominantly caused by Helicobacter pylori, a spiral-shaped bacterium that normally exist in the stomach.

Did you know?

Excessive alcohol use costs the country approximately $235 billion every year.

Roots of the keystone species hypothesis: does a higher proportion of predators in diverse communiti Roots of the keystone species hypothesis: does a higher proportion of predators in diverse communiti
The main avenue to the upward social mobility reviewed in the text has been higher education. The main avenue to the upward social mobility reviewed in the text has been higher education.
Oil pressure relief valves are spring loaded. The stronger the spring tension, the higher the oil ... Oil pressure relief valves are spring loaded. The stronger the spring tension, the higher the oil ...
Higher-Level Thinking Skills Used in Massage Therapy Higher-Level Thinking Skills Used in Massage Therapy
How to convert verbal statements into algebraic equations (Part 2) How to convert verbal statements into algebraic equations (Part 2)
Effect of an Increase in R&D in the Follower Country on the Steady State Effect of an Increase in R&D in the Follower Country on the Steady State
Video: Origin of organelles Animation

For a complete list of videos, visit our video library