Question

1. GDP is a key concept in Macroeconomics.

a. What is the definition of GDP?

b. List and explain in detail, the 3 different approaches to calculating GDP and explain how they are different.

i. List and explain the approaches and how you would use each to calculate GDP.

VO hy 1301 True False (one point each) (circle the correct answer) 1. In the Meno the subject of whether virtue is teachable is discussed. TF 2. Courage is an example of a virtue. T F 3. Meno's Paradox has to do with learning. T F 4. Meno's first definition of virtue identifies different virtues for men and women. T F 5. Hypothesis is the method used in the Meno. T F 6. The Forms are primarily discussed in the Meno. T F 7. If recollection is true then the soul pre-exists the body. T F 8. According to Plato knowledge and correct opinion are different. T F 9. Knowledge requires a justification or the reason why. T F 10. "Plato's beard" and Ockham's razor is an objection to Plato's Forms.T