Match each definition with the appropriate measurement of economic output.
a. the market value of all final goods and services produced by resources owned by citizens of a particular country in a given year
b. GDP adjusted to base year prices
c. GDP divided by population
d. GDP adjusted for differences in the cost of living in different countries
e. the market value of all final goods and services produced by resources located in a particular country in a given year
WORD BANK
real GDP
GDP PPP
GNP
nominal GDP
GDP per capita
Answer:
a. GNP
b. real GDP
c. GDP per capita
d. GDP PPP
e. nominal GDP
Explanation:
Gross domestic product statistics come in a variety of forms designed to investigate different aspects of production and the standard of living.
Nominal GDP is the market value of all final goods and services produced in a given country in a given year. Nominal GDP uses the prices at which the goods actually sold to value them (market value), and is not concerned with intermediate goods, which are goods used as inputs in the production of some other good or service. GDP also uses everything produced within the borders of a particular country, regardless of who owns those resources. This means that Toyotas produced at a plant in Kentucky would count towards U.S. nominal GDP, but Fords produced in Mexico would not.
Gross national product, the measure most used by economists before the early 1990s, is very similar to nominal GDP. The only difference is that GNP uses output produced by resources owned by citizens of a particular country, regardless of where that production takes place. So for GNP, the Fords produced in Mexico would count towards U.S GNP, but the Toyotas produced in Kentucky would not.
The type of GDP used most often is real GDP. This is GDP with output valued at the prices from a designated base year rather than by the market prices at which products were actually sold. This removes increases in GDP which come from price increases, leaving only the increases in the actual production of goods and services.
Another popular GDP measure is GDP per capita, which is simply GDP divided by the population. GDP per capita reveals how much each person in a country would have if GDP were divided equally among the entire population. The actual distribution of income will not be even, of course, but it does give economists a good idea of the relative wealth of different countries.
International comparisons are often hampered by significant differences in prices between countries, particularly in the prices of services that are hard to trade, like taxi rides or haircuts. GDP PPP, or GDP adjusted for purchasing power parity, is an attempt to adjust statistics to allow for variations in the cost of living, to give a more realistic picture of the differences between nations.
What new route did explore Christopher Columbus follow in the 1492
Answer:
He sailed west across the Atlantic and landed in the Caribbean islands.
100%
Explanation:
how is the earth simllar to and different from a sipnning top?
Answer:
Instead of staying in one place and spinning like a spinning top, the Earth moves around in a circle. It orbits around the sun unlike a spinning top which stays still, not heading in a particular direction. However, the Earth does rotate on it axis and spins around like a spinning top.
what is the purpose of truth?
Answer:
truth, in metaphysics and the philosophy of language, the property of sentences, assertions, beliefs, thoughts, or propositions that are said, in ordinary discourse, to agree with the facts or to state what is the case. Truth is the aim of belief; falsity is a fault
Answer:
to agree with the facts or to state what is the case.
Print material includes
A. Ads found online
B. Online journals
C. Political talk shows
D. Weblogs
Answer:
online journals
Explanation:
just bc it's online doesn't mean it's not material, that's the only legit answer
Why is the effectiveness and stability of a country's financial system essential to economic growth?
The government cannot function without issuing stocks.
Households cannot save if they do not borrow money.
It allows firms to finance technological advancements, which lead to economic growth.
Firms need it to loan money to employees.
Answer:
It allows firms to finance technological advancements, which lead to economic growth.
Explanation:
Economic growth depends in part on advances in technology and the growth of capital. Both of these have a positive impact on labor productivity. When firms are able to expand their capital stock, labor productivity can increase. Investment in these resources is, however, expensive. Firms must have the ability to raise the funds necessary to finance these growth‑promoting opportunities.
At the same time, households may not desire to spend all of their current income but would prefer to put some aside for later use. Letting those funds sit idle, or forcing the households to spend the funds when they would prefer not to, does the economy no good.
Households, therefore, would be willing to let someone else use their money for a while if they were compensated for forgoing current consumption and for any risk. Firms have projects they would like to undertake but need funds to pay for them. Financial markets bring the two sides together and temporarily reallocate financial resources to where they are most needed.
Without a properly functioning financial system, firms may not be able to finance growth‑oriented investments, and economic progress would be much slower.
Why is increased technological knowledge for a nation important for growth?
It allows the nation to be more productive in goods and services that it produces.
Increased technological knowledge causes simultaneous increases in human capital and physical capital.
Technological knowledge allows output to increase instantly.
All of the above.
None of the above.
Answer:
It allows the nation to be more productive in goods and services that it produces.
Explanation:
Increased factors of production, whether it be technological knowledge, human capital, physical capital, or organization, all lead to growth because it allows a nation to be more productive in creating goods and services. For example, better tractors, better knowledge of how to use tractors, and continual engineering of more efficient tractors allow the United States to grow many crops efficiently.
Note that increasing one factor of production does not necessarily mean others will increase as well. Also, most improvements in factors of production take time to implement, meaning that an improvement in a factor of production will not always lead to an immediate increase in economic growth.
Write advantages of population in 6 points..
Answer: Having a larger population can help run a better and more stabilized government. They can have more votes and more points to prove to their cause. The economy works better, like there's more people to do more work. There is more of a fighting force. Like more people to draft to a military or otherwise forceful group. There is a higher demand in industries of certain types that more people would help.
Explanation:
Explanation:
Refers to any process that aims at describing phenomena by using any instrument or device however the results may be used as a control tool.
If Northland has a debt of $5 million in 2014, and runs a deficit of $0.3 million in 2015, and a surplus of $0.4 million in 2016, what would its debt be at the end of 2016, assuming no additional interest is added to its debt?
$5.3 million
$4.9 million
$5.7 million
$4.3 million
What nations have a "Central Bank?"
A. those nations with currency
B. nations who trade internationally
C. all nations with a banking system
D. only those who use the dollar
Answer:
A ahould be A those nations with a currency here is why i think it it
Explanation:
A central bank is a vital component of most nations' financial systems. Nearly every country in the world—particularly those that issue their own currency—has a central bank. In fact, even unrecognized countries such as Abkhazia have central banks.
What is human development index?
what are the advantages of sheep and goat farming
Hi!the advantages of sheep and goat farming is that Sheep and goats make very effective use of a variety of different grazing lands, including rocky mountain terrain and alpine pastures, which cannot be utilized by other domestic animals. They convert relatively inaccessible low quality forage to high quality meat, wool and fibre.
what is the biggest difference in citizen participation in government between ancient athens and the modern united states?
Answer. The difference in 'citizen participation' in government between 'ancient Athens' and the 'modern United States' is 'US citizens' elect officials to 'represent them in government'.
Answer:
The difference in 'citizen participation' in government between 'ancient Athens' and the 'modern United States' is 'US citizens' elect officials to 'represent them in government'.
Explanation:
Below is a map of the Mediterranean world at the time of the Second Punic War. Use this map below to answer the following question:
A map of Europe that shows the Mediterranean areas controlled by the Romans, Carthaginians, and their allies during the Second Punic War. Blue is used to indicate areas controlled by Carthage, and light blue is used to indicate allies of Carthage. Red is used to indicate areas controlled by Romans, and pink is used to indicate allies of Rome. The eastern half of Spain and the North African coast are dark blue. The central and northern areas of Italy, as well as the islands Sicily and Sardinia, are dark red. A small area on the eastern coast of Gaul is shaded pink. The southern tip of the Italian peninsula is a lighter blue color. Macedonia is colored orange.
Public Domain
Roman controlled areas are red and their allies are shaded pink. Carthage controlled the areas in dark blue, and its allies are shaded light blue.
Which conclusion can be drawn about the Second Punic War from the information in the map? (4 points)
a
Rome had established firm control of the Italian peninsula prior to the Second Punic War.
b
The Roman's allies played a key role in their victory on the Italian peninsula.
c
Rome was also at battle with the Carthaginians over territory in the Eastern Mediterranean.
d
Rome had enemies both on the Italian peninsula and in North Africa.
Answer:
B
Explanation:
This is the answer because
when at a funeral what is the correct thing to say?
A. your personal speech
b. a generic group of words
c. "welcome to my unboxing video"
D. you say nothing
how Cyber savvy campaigns could overcome public apathy to deal with human rights violations
Cyber campaigns can help overcome public apathy in dealing with human rights violations by reaching large numbers of people.
How does technology influence democracy?Through the dissemination of information that can generate increased freedom of expression and public adherence to certain issues related to society and civil rights.
Therefore, cyber campaigns can influence the population's perception of issues related to democracy and human rights.
Find out more about technology here:
https://brainly.com/question/25110079
Have Presidents exceeded their War Powers Authority in regards to fighting ISIL? Choose a side and argue in a well-written paragraph of 5-8 sentences using evidence. 100 POINTS and Brainliest✔️
Answer:
I don't understand at all do you need it ASAP.
Explanation:
The Confederate general who became famous for his strategy and courage at the First Battle of Bull Run was
A.) George McClellan.
B.) Robert E. Lee.
C.) Joseph Hker.
D.) Thomas “Stonewall” Jackson.
Answer:
the answer is D Thomas "Stonewall" Jackson
Select the correct answer. Which statement best describes the effect of tone on the reader? A. The tone helps the reader make an informed decision about a subject. B. The tone helps the reader interpret the structural plot path of a text. C. The tone helps the reader interpret an author's attitude on a subject. D. The tone helps the reader learn details about an author's background.
Answer:
The correct answer is C
Explanation:
the tone helps the reader interpret an author's attitude on a subject
Answer:
The tone helps the reader interpret an author's attitude on a subject.
Explanation:
got it right on edmentum test, hope it helps and have a good day :)
what are factors that may contribute to the youth being hesitant to conduct themselves as responsible citizens
According to the age of the youngsters, the social and cognitive development are the factors due to which they become hesitant to conduct themselves as responsible citizens.
Who are youngsters?
A youngster is a person who is elder than a child. it is the age span of 10 years to 16 years when an individual is considered a youngster.
Cognitive development is the phase in the life of a youngster where his/her mental development starts. It occurs in the phase of concrete operative in a youngster where the ages are from 7 years to 11 years. In the phase of cognitive development, the individual obtains social experiences and learns to adapt to the environment which is necessary for getting positive social attitudes.
Therefore, the youngsters become hesitant to consider themselves responsible citizens due to social and cognitive factors.
Learn more about the cognitive development in the following link;
https://brainly.com/question/27350487
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The public choice perspective on deficit spending suggests that deficit spending
is the result of politicians' concern for the economy's long‑term sucess.
is primarily funded by printing money to induce inflation.
shifts the costs of programs primarily onto present‑day taxpayers.
shifts the costs of programs away from current taxpayers and onto future generations.
Answer:
d. shifts the costs of programs away from current taxpayers and onto future generations.
Explanation:
Since public choice theory assumes that politicians are rational, self‑interested economic actors, deficit spending is seen as a way to hold office by promoting spending projects. As the costs of deficit spending are shifted toward future generations of taxpayers, deficit spending is more appealing in the present, as the up‑front costs of projects seem lower.
Deficit spending, in its most basic form, occurs when a government's expenditures exceed its revenues over a fiscal period, resulting in a budget deficit.
What makes a group a minority is that it is smaller in size
Which of the following is not one of the more recent cultural themes in the US?
O Belief in the effectiveness of scientific and empirical knowledge
O Decreasing consideration for other's needs
O Increasing toleration of cultural diversity
The answer choice which is not one of the more recent cultural themes in the US is Decreasing consideration for other's needs
What is a Cultural?This refers to the way of life of a particular people and the given values they have that is unique to them.
Hence, we can see that based on the current cultural clime in the United States, there has been an increase in tolerance for diversity in both cultures and personal beliefs so a reduction in the consideration for others needs is the correct answer.
Read more about culture here:
https://brainly.com/question/1879905
According to the textbook, many Bible scholars believe that James, the half-brother of the Lord and a significant early Christian leader, is the most likely author of the book of James. true false
Answer:
True
Explanation:
The traditional author is held to be James, "a servant of God and brother of the Lord Jesus Christ". Like Hebrews, James is not so much a letter as an exhortation; the style of the Greek language-text makes it unlikely that it was actually written by James, the brother of Jesus.
Every modern nation uses a central
bank. Which of the following is NOT an
example of a central bank?
A. Royal Bank of Japan
B. Bank of Canada
C. Bank of Mexico
Answer: A. Royal Bank of Japan
Explanation: Note that the word "Royal" is used. In the other two, there are no words like Royal, and only have the countries name and states that their a bank. Most central banks are like that. I hope this helps.
why should you be aiming to achieve a bachelors pass regardless of what you plan?
Because it is always a clever idea to have a backup plan. You can go to university with a bachelor's degree.
I hope this helps you
:)
How's the weather in your hometown this evening?
Which of the following contributed to the formation of feudalism?
Answer:
The major causes of feudalism were political changes in England, a terrible disease and a long series of wars.
4. Which of the following goals would a civil
rights activist be most likely to pursue?
Answer:
Sit-ins were arguably the most valuable tool used by civil rights activists to achieve their goals. All over the country, African-American citizens protested segregation in public places (like restaurants) to expose the inequality present in the US.
Explanation:
Which of the following best describes a country’s external debt?
It is the portion of the total national debt that is financed by foreign bondholders.
It is the portion of the annual fiscal deficit financed by foreign bondholders.
It is the portion of the public debt financed by foreign bondholders.
It is the portion of the public debt financed by domestic bondholders.