« previous next »

Author Question: Gross Domestic Product measures the total value of all final goods and services produced within a ... (Read 100 times)

jon_i

  • Hero Member
  • *****
  • Posts: 549
on: Jul 14, 2018
Gross Domestic Product measures the total value of all final goods and services produced within a nation's physical boundaries over a given period of time.
 
 Indicate whether the statement is true or false

Question 2

If the United States exports 100 worth of diamonds to the Kingdom of Mocha and imports 80 worth of bows and arrows, it has a(n)
 A) unfavorable balance of trade.
  B) trade deficit.
  C) trade surplus.
  D) negative cash flow.
  E) export slide.


AmberC1996

  • Sr. Member
  • ****
  • Posts: 317
Reply #1 on: Jul 14, 2018
Answer to Question 1

True

Answer to Question 2

C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

There are actually 60 minerals, 16 vitamins, 12 essential amino acids, and three essential fatty acids that your body needs every day.

Did you know?

The immune system needs 9.5 hours of sleep in total darkness to recharge completely.

Did you know?

Cucumber slices relieve headaches by tightening blood vessels, reducing blood flow to the area, and relieving pressure.

Did you know?

Asthma-like symptoms were first recorded about 3,500 years ago in Egypt. The first manuscript specifically written about asthma was in the year 1190, describing a condition characterized by sudden breathlessness. The treatments listed in this manuscript include chicken soup, herbs, and sexual abstinence.

Did you know?

Pregnant women usually experience a heightened sense of smell beginning late in the first trimester. Some experts call this the body's way of protecting a pregnant woman from foods that are unsafe for the fetus.

Trees provide ecosystem services to people Trees provide ecosystem services to people
France has produced most of its energy from nuclear power since the oil crisis of the 1970s France has produced most of its energy from nuclear power since the oil crisis of the 1970s
Agricultural Land as a Fraction of Total Wealth in the United Kingdom Agricultural Land as a Fraction of Total Wealth in the United Kingdom
Use the product rule to find derivative Use the product rule to find derivative
An educational institution has total direct labor and material costs of $1964 per student. Its ... An educational institution has total direct labor and material costs of $1964 per student. Its ...
If 25 kg of ice at 0C is combined with 4 kg of steam at 100C, what will be the final ... If 25 kg of ice at 0C is combined with 4 kg of steam at 100C, what will be the final ...
Video: Regulation of GFR: autoregulation via tubuloglomerular feedback, neural & hormonal regulation

For a complete list of videos, visit our video library