Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jun 12, 2024

Which of the following is the true statement about GNP? a. exports of domestic products are not included in GNP. b. inventory investment is not

Which of the following is the true statement about GNP? a. exports of domestic products are not included in GNP. b. inventory investment is not included in GNP. c. suppose a good is produced in the year 2000 but used in the year 2015. This good is

included in the year 2015 GNP. d. GNP only includes the value of intermediate goods.

e. none of the above.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Economics

Authors: Stephen Slavin

11th Edition

978-0078021800, 0078021804

More Books

Students also viewed these Economics questions

Question

★★★★★

Port Charles and Turner Lake are 860 km apart. At 6:15 A.M., Patrick and Ben start driving from Port Charles to Turner Lake at an average speed of 80 km/h. At 9:30 A.M., Carl and Louis decide to meet...

Answered: 1 week ago

Question

★★★★★

Single plantwide factory overhead rate OBJ. 2 The total factory overhead for Diva-nation Inc. is budgeted for the year at $180,000. Diva-nation manufactures two types of mens pants: jeans and khakis....

Answered: 1 week ago

Question

★★★★★

=+b) Is this a prospective or retrospective study? Explain.

Answered: 1 week ago

Question

★★★★★

Forecasts and actual sales of MP3 players at Just Say Music are as follows: a. Plot the data and provide insights about the time series. b. What is the forecast for November, using a two-period...

Answered: 1 week ago

Question

★★★★★

Select all phrases that correctly complete the sentence. Memory is . . . virtualized by the operating system accessed constantly to fetch instructions, read and write data, etc. directly accessed by...

Answered: 1 week ago

Question

★★★★★

Penelope is trying to convince me to invest in her bag production factory. She claims that an investment of $100 000 today will generate a $300 000 pay off in five and a half years' time. What annual...

Answered: 1 week ago

Question

★★★★★

The projectile of the .22LR cartridge fits a barrel with a nominal _________________-inch diameter bore, while the .223/5.56 is designed for a bore with the nominal diameter of .224

Answered: 1 week ago

Question

★★★★★

Greenfield Valley is a fertile agricultural region known for its high-quality crop production. However, the area has been facing significant soil erosion issues due to a combination of factors,...

Answered: 1 week ago

Question

★★★★★

Even though your authority is limited and there is little you can do right now to alter the physical environment, what can you do to improve safety?

Answered: 1 week ago

Question

★★★★★

Julio is a teller at the bank. He will be given the opportunity to work with new customers at the business development desk every Friday. Which job enrichment approach is Julio involved in? Job...

Answered: 1 week ago

Question

★★★★★

coefficients A variable n(t) is described by a first-order linear differential equation with constant dn(t) T +n(t) = n dt where 7 and no are constants. Let n(0) = no. a) Fort > 0, determine an...

Answered: 1 week ago

Question

★★★★★

Part 2: Using the following outcome established by an organization within your setting, evaluate if the computer-based learning activity was successful in demonstrating the following outcome. What is...

Answered: 1 week ago

Question

★★★★★

6. Think of something that you believe in, without the slightest doubt attached to it. How do you imagine this? Is it verbal, in rumours, in metaphors or the like? The answer says something about how...

Answered: 1 week ago

Question

★★★★★

Do not move closer than an arms distance. (This distance literally applies to Northern Europe. In Southern Europe this distance is slightly smaller.) If you get closer than this distance, you seem...

Answered: 1 week ago

Question

★★★★★

2. Now list, after going through a-c, three things that you want to be the impres-sion you want others to be left with after meeting you, and that you want to be lasting over time. List four points...

Answered: 1 week ago

Previous Question Next Question