Clearly explain the differences among the following alternative national accounting identities: (a) gross domestic product (GDP); (b)
Question:
Clearly explain the differences among the following alternative national accounting identities:
(a) gross domestic product (GDP);
(b) net national product (NNP); and
(c) environmentally-adjusted net national product (NNP.).
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 66% (3 reviews)
Certainly lets delve into the differences among the following alternative national accounting identities a Gross Domestic Product GDP Definition GDP r...View the full answer
Answered By
Nyron Beeput
I am an active educator and professional tutor with substantial experience in Biology and General Science. The past two years I have been tutoring online intensively with high school and college students. I have been teaching for four years and this experience has helped me to hone skills such as patience, dedication and flexibility. I work at the pace of my students and ensure that they understand.
My method of using real life examples that my students can relate to has helped them grasp concepts more readily. I also help students learn how to apply their knowledge and they appreciate that very much.
4.00+
1+ Reviews
10+ Question Solved
Related Book For
Principles Of Environmental Economics And Sustainability
ISBN: 9780415676915
3rd Edition
Authors: Ahmed Hussen
Question Posted:
Students also viewed these Business questions
-
Read the case study "Southwest Airlines," found in Part 2 of your textbook. Review the "Guide to Case Analysis" found on pp. CA1 - CA11 of your textbook. (This guide follows the last case in the...
-
The following additional information is available for the Dr. Ivan and Irene Incisor family from Chapters 1-5. Ivan's grandfather died and left a portfolio of municipal bonds. In 2012, they pay Ivan...
-
Explain the meaning of the terms emoluments, employments and office for the purposes of PAYE as you earn systems. 2. Explain the actual receipts basis of assessing the emoluments from the employment...
-
If A = -2 6 1 -7 1 then det (A) = an and A-1 =
-
1. You will write a paper for this assignment. 2. Read Chapter 11, "Eleven Principles, Seven Skills, and Five Metrics," in the textbook, The ROI of Human Capital. 3. Write a paper guided by the...
-
The four-bar mechanism lies in a vertical plane and is controlled by crank OA which rotates counterclockwise at a steady rate of 60 rev /min. Determine the torque M which must be applied to the crank...
-
Pharma Acquisitions. The price/earnings ratio (P/E) is one of the tools used to compare companies in the same sector. A high P/E ratio means that investors pay more for each Swiss franc of net...
-
Tom and Cindy Jones insured their home and personal property under an unendorsed Homeowners 3 policy. The home has a current replacement cost of $300,000. The policy contains the following limits:...
-
Solve For X and Y ho M Y Ox=40 and y=80 Ox=15 and y=30 Ox=50 and y=100 Ox=20 and y=40
-
National income accounts of the type discussed in question 2 above are said to measure the flow of income or expenditures of a nation in given year. Why is the term flow significant? Explain.
-
Briefly describe the following concepts: the system of national income accounts (SNA), depreciation of humanmade capital, allowance for resource depletion, socially defensive expenditures,...
-
A thin plate of the shape indicated and of mass m is suspended from two springs as shown. If spring 2 breaks, determine the acceleration at that instant (a) Of point A, (b) Of point B. A square plate...
-
Linda's income statement for the year ended 31 March 2024 is as follows: Notes: (a) Linda draws a salary of 200 per week from the business. This is included in the wages and salaries figure. (b)...
-
Analyze the differences between human language and nonhuman biological communication systems.
-
Describe the process by which humans learn language.
-
If English is your first language, did your parents or grandparents speak a different first language? How do you feel about your ability (or lack of ability) in that language? In the United States,...
-
Why is ethnocentrism so common in the world, and why is cultural relativism often extremely difficult?
-
Approximately 14 million Americans are addicted to drugs and alcohol. The federal government estimates that these addicts cost the U. S. economy $ 300 billion in medical expenses and lost...
-
The test statistic in the NeymanPearson Lemma and the likelihood ratio test statistic K are intimately related. Consider testing H 0 : = 0 versus H a : = a , and let * denote the test statistic...
-
Give an account on how the following four events that occurred in the 1960s and 1970s were responsible in shaping the evolution of the neo-Malthusian theories on resource scarcity and economic...
-
In what specific way(s) do the following prominent classical economists support and/o reject Malthus' gloomy prophecy of the future condition of human material progress: - David Ricardo (1772-1823) -...
-
"Thomas Malthus developed a formal model of a dynamic growth process in which each country converged toward a stationary per capita income. According to this model, death rates fall and fertility...
-
Select the most correct answer from the material provided in this course that finishes the collowing statement. An option for temporary leased space is: A. working outdoors near the damaged facility...
-
3 1 pts Ancient Grains, Inc. issued a 4 month note in the amount of $500,000 on October 1, 2021 with an annual rate of 5%. What amount of interest has accrued as of December 31, 2021? Note: your...
-
When calculating the weighted average number of ordinary outstanding shares during the period, which of the following is treated as if it were outstanding since the beginning of the year? I....
Study smarter with the SolutionInn App