Homework Answers
Answer: produced by the residents of the country anywhere in the world. (option 2)
Gross National product is the market value of all the final goods and services produced by the residents of a country, irresective of the geographical location. Hence, option 2 is the correct answer.
Gross national product is concerned withthe production and not consumption of the goods and services, hence, option 1 and 3 are incorrect.
Also, Gross national product considers market value of all the final goods and services produced by the residents, no matter within the country or not. hence, option 4 is incorrect.
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Gross national product, GNI is the market value of all final goods and services o consumed...
10) Gross domestic product is A) the market value of all the final goods and services...
10) Gross domestic product is A) the market value of all the final goods and services produced in a country during a given time period. B) the market value of all goods and services produced in a country during a given time period. C) the final value of all goods produced in a country in a given time period. D) the market value of all the intermediate goods and services produced in a country during a given time period. E)...
Gross domestic product is - final market value of all goods and services by domestic producers...
Gross domestic product is - final market value of all goods and services by domestic producers both here and abroad - total market value of all final goods and services produced by resources in the U.S -TOTAL MARKET VALUE OF ALL GOODS AND SERVICES produced by resources in the U.S.
Gross domestic product is: the finished value of all marketable goods and services produced in a country over a year....
Gross domestic product is: the finished value of all marketable goods and services produced in a country over a year. o the market value of all intermediate goods and services produced in a year. the market value of all final goods and services produced by domestically owned factors of production in a year. o the market value of all final goods and services produced in a country over a year.
Gross Domestic Product (GDP) measures: the market value of goods and services produced by the citizens...
Gross Domestic Product (GDP) measures: the market value of goods and services produced by the citizens of the country, regardless of where they live and work. the market value of goods and services produced within the geographic borders of the country, regardless of the nationality of the workers or the owners of the productive factors. the value of goods and services produced by the domestically-owned factors of production within the geographic borders of the country. the value of goods produced...
Question 2 only services the market value of all goods and services consumed within the count...
Question 2 only
services the market value of all goods and services consumed within the count goods and services the total value-added by all producers operating within the coun b) and households on domestically produced final d) The following data is for country A, which produces only guns and bu 2013 2014 Quantity Price Price 3 $2 each. Guns Butter 2 kg 4k Using 2013 as the base year, which of the following is correct? a) Between 2013 and2014, country...
I 1) Gross Domestic Product (GDP) is A) the total wholesale value of all final goods...
I 1) Gross Domestic Product (GDP) is A) the total wholesale value of all final goods and services produced by factors of production owned by citizens of a nation B) the total market value of all services produced by factors of production located within a nation's borders. C) the total market value of all goods produced within a nation's borders D) the total market value of all final goods and services produced by factors of production located within a nation's...
4) Gross Domestic Product (GDP) is defined as the market value of: A) all goods and...
4) Gross Domestic Product (GDP) is defined as the market value of: A) all goods and services sold during the year by domestic and foreign producers. B) all final consumer goods produced during the year by domestic and foreign suppliers. C) all intermediate goods produced during the year by domestic and foreign suppliers. D) all final goods and services produced within the boundaries of an economy during the year by domestic and foreign-supplied resources.
eau ovCI tc uubti Question 18 GDP may be defined as: the monetary value of all goods and services, final and interm...
eau ovCI tc uubti Question 18 GDP may be defined as: the monetary value of all goods and services, final and intermediate, produced in a given year o the national income minus all nonincome charges against output the final monetary value of all goods and services produced in a country in a given year the monetary value of all economic resources used in the production of a year's output Previous
Options: 1)cost of producing/wholesale cost of/market value of 2)final goods and services produced/final goods and services...
Options:
1)cost of producing/wholesale cost of/market value of
2)final goods and services produced/final goods and services
consumed/final and intermediate goods and services produced
3)by Canadian citizens/by resources within Canada/by
Canadian-owned companies
1. Activities included (and not included) in the calculation of GDP The gross domestic product (GDP) of Canada is defined as the all in a given period of time. Based on this definition, indicate which of the following transactions will be included in that is, directly increase) the GDP...
2 points 31. Which of the following items would be included in GDP in 2008?I. Payment...
2 points 31. Which of the following items would be included in GDP in 2008?I. Payment made to a mechanic who repaired your 2005 Toyota II. the fees charged by a lawyer for drawing your parents' will III. new care sales by a local car dealer IV. the value of new cars produced in 2008 but not sold in 2008 O A. All of the items are included O B. I, II, and III only O C. II and III...
10) Gross domestic product is A) the market value of all the final goods and services produced in a country during a given time period. B) the market value of all goods and services produced in a country during a given time period. C) the final value of all goods produced in a country in a given time period. D) the market value of all the intermediate goods and services produced in a country during a given time period. E)...
Gross domestic product is: the finished value of all marketable goods and services produced in a country over a year. o the market value of all intermediate goods and services produced in a year. the market value of all final goods and services produced by domestically owned factors of production in a year. o the market value of all final goods and services produced in a country over a year.
Question 2 only
services the market value of all goods and services consumed within the count goods and services the total value-added by all producers operating within the coun b) and households on domestically produced final d) The following data is for country A, which produces only guns and bu 2013 2014 Quantity Price Price 3 $2 each. Guns Butter 2 kg 4k Using 2013 as the base year, which of the following is correct? a) Between 2013 and2014, country...
I 1) Gross Domestic Product (GDP) is A) the total wholesale value of all final goods and services produced by factors of production owned by citizens of a nation B) the total market value of all services produced by factors of production located within a nation's borders. C) the total market value of all goods produced within a nation's borders D) the total market value of all final goods and services produced by factors of production located within a nation's...
eau ovCI tc uubti Question 18 GDP may be defined as: the monetary value of all goods and services, final and intermediate, produced in a given year o the national income minus all nonincome charges against output the final monetary value of all goods and services produced in a country in a given year the monetary value of all economic resources used in the production of a year's output Previous
Options:
1)cost of producing/wholesale cost of/market value of
2)final goods and services produced/final goods and services
consumed/final and intermediate goods and services produced
3)by Canadian citizens/by resources within Canada/by
Canadian-owned companies
1. Activities included (and not included) in the calculation of GDP The gross domestic product (GDP) of Canada is defined as the all in a given period of time. Based on this definition, indicate which of the following transactions will be included in that is, directly increase) the GDP...
2 points 31. Which of the following items would be included in GDP in 2008?I. Payment made to a mechanic who repaired your 2005 Toyota II. the fees charged by a lawyer for drawing your parents' will III. new care sales by a local car dealer IV. the value of new cars produced in 2008 but not sold in 2008 O A. All of the items are included O B. I, II, and III only O C. II and III...
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