A. Option D
B. Option C
C. Option A
D. Option B
Answer: C
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NEW QUESTION: 1
A. Option D
B. Option C
C. Option A
D. Option B
Answer: C
NEW QUESTION: 2
Gross domestic product includes which of the following measures?
A. The total monetary value of goods and services including barter transactions within a nation in one
year.
B. The negative externalities of the production process of a nation within one year.
C. The size of a population that must share a given output within one year.
D. The total monetary value of all final goods and services produced within a nation in one year.
Answer: D
Explanation:
Choice "c" is correct. Gross domestic product (GDP) is the total dollar (monetary) value of all new final
products and services produced with the economy in a given time perioD. The emphasis is on the final
goods and services. Choice "a" is incorrect. The size of a population that must share a given output within
one year is not a part of the GDP calculation. Choice "b" is incorrect. The negative (or positive)
externalities of the production process of a nation within one year are not a part of the GDP calculation. In
economics, externalities are the effects that the acts of consumers or producers have on each other.
Externalities range from technological changes to changes in the range of options available to consumers.
Externalities may also be regarded as the unanticipated side effects of courses of action. Choice "d" is
incorrect. The total monetary value of goods and services, including barter transactions, is not a part of
the GDP calculation. GDP includes only monetary value, not barter value.
NEW QUESTION: 3
A. Option C
B. Option D
C. Option A
D. Option B
Answer: A
NEW QUESTION: 4
Formatting of report is maintained when it is exported via Printable View?
A. False
B. True
Answer: B