« previous next »

Author Question: Gross Domestic Product measures the total value of all final goods and services produced within a ... (Read 74 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?

The human body's pharmacokinetics are quite varied. Our hair holds onto drugs longer than our urine, blood, or saliva. For example, alcohol can be detected in the hair for up to 90 days after it was consumed. The same is true for marijuana, cocaine, ecstasy, heroin, methamphetamine, and nicotine.

Did you know?

People about to have surgery must tell their health care providers about all supplements they take.

Did you know?

Limit intake of red meat and dairy products made with whole milk. Choose skim milk, low-fat or fat-free dairy products. Limit fried food. Use healthy oils when cooking.

Did you know?

Only one in 10 cancer deaths is caused by the primary tumor. The vast majority of cancer mortality is caused by cells breaking away from the main tumor and metastasizing to other parts of the body, such as the brain, bones, or liver.

Did you know?

Though Candida and Aspergillus species are the most common fungal pathogens causing invasive fungal disease in the immunocompromised, infections due to previously uncommon hyaline and dematiaceous filamentous fungi are occurring more often today. Rare fungal infections, once accurately diagnosed, may require surgical debridement, immunotherapy, and newer antifungals used singly or in combination with older antifungals, on a case-by-case basis.

Comparison of the radius of fruits produced by native and introduced species of Sapindaceae Comparison of the radius of fruits produced by native and introduced species of Sapindaceae
Pulmonary function test: spirometry. (a) Normal respiratory volumes, as measured during spirometry. Pulmonary function test: spirometry. (a) Normal respiratory volumes, as measured during spirometry.
Commons Abbreviations for Weights and Measures Commons Abbreviations for Weights and Measures
(a) A turbidometry detector measures laser light directly across from the light source. The sample, ... (a) A turbidometry detector measures laser light directly across from the light source. The sample, ...
What is the total number of valence electrons in a silicate ion, SiO32-? What is the total number of valence electrons in a silicate ion, SiO32-?
Video: Inflammation

For a complete list of videos, visit our video library