« previous next »

Author Question: Gross Domestic Product measures the total value of all final goods and services produced within a ... (Read 102 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?

Side effects from substance abuse include nausea, dehydration, reduced productivitiy, and dependence. Though these effects usually worsen over time, the constant need for the substance often overcomes rational thinking.

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.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

Malaria was not eliminated in the United States until 1951. The term eliminated means that no new cases arise in a country for 3 years.

Did you know?

The newest statin drug, rosuvastatin, has been called a superstatin because it appears to reduce LDL cholesterol to a greater degree than the other approved statin drugs.

Nitrogenous wastes produced by different animal groups. Nitrogenous wastes produced by different animal groups.
Recombinants are produced by crossovers Recombinants are produced by crossovers
HCPCs Modifiers Used for Medical Office Services HCPCs Modifiers Used for Medical Office Services
Total Solid Waste, MSW per Capita Total Solid Waste, MSW per Capita
Importance of Considering Gestalt Principles in Product Design (2 of 2) Importance of Considering Gestalt Principles in Product Design (2 of 2)
What is the concentration of HNO3 in the final solution when 70.0 mL of a 6.00 M HNO3 solution ... What is the concentration of HNO3 in the final solution when 70.0 mL of a 6.00 M HNO3 solution ...
Video: HIV Infection: Viral life cycle

For a complete list of videos, visit our video library