1-What is the formula of GDP, and what are the main components of measuring GDP with what is produced? Share your thoughts(four or more sentences) to receive credit. Question- 5 pts. and answer - 10 pts)

2-What is the importance of macroeconomics in measuring per capita GDP, and what's the formula for GDP? Share your thoughts(four or more sentences) to receive credit. (Question - 5 pointsand answer- 10 points)

3-Why must double-counting be avoided when measuring GDP?Share your thoughts (four or more sentences) to receive credit.(Question - 5 pointsand answer- 10 points)

4-Read the article- Clear It Up- Is China going to surpass the United States in terms of standard of living? Share your thoughts (four or more sentences) to receive credit. (Question- 5 points and answer- 10 points).

5-Read the article- Clear It Up- What is meant by the word "investment"?- What do economists mean by INVESTMENT or business spending? Share your thoughts (four or more sentences) to receive credit after reading the article. (Question - 5 points and answer - 10 points)

6-Please define the following term words:

a-business cycle-

b-GDP-

c-national income-

d-recession-

e-standard of living-

Chapter 7

1-Explain what the Industrial Revolution was and where it began. Share your thoughts(four or more sentences) to receive credit.(Question- 5 pts. and 10 pts.)

2-List the areas where government policy can help economic growth? Share your thoughts(four or more sentences) to receive credit.(Question - 5 ptsand answer- 10 pts)

3-What are the three main sources of economic growth in any economy? Give an example of the three sources you choose. Share your thoughts(four or more sentences) to receive credit.(Question - 5 pts, and answer- 10 pts)

4-Read the article Clear It Up- How do girls' education and economic growth relate in low-income countries? Why is investing in girls' education beneficial for growth? Share your thoughts(four or more sentences) to receive credit.(Question - 5 pts, and answer- 10 pts)

5-Read the article- Bring it Home- Calories and Economic Growth- Share your thoughts(four or more sentences) to receive credit.(Question - 5 pts, and answer- 10 pts)

6-Define the following terms:

a-capital deepening-

b-human capital-

c-labor productivity-

d-rule of law-

e-physical capital-

(Question - 5 pts, and answer- 10 pts)