What was Talikastan's investment in 2015?In the economy of Talikastan in 2015, consumption was $700, exports were $200, government purchases were $300, imports were $150, and investment was $400. What was its productivity?Which of the following is an example of physical capital?The equipment and structures available to produce goods and services are calledknowledge and skills that workers acquire through education, training, and experience.Which of the following is a part of your economics professor's human capital?the things she learned at some prestigious universityThe inputs into production of goods and services that are provided by nature, such as land, rivers, and mineral deposits are calledAn understanding of the best ways to produce goods and services is calledMatt is going to college to become a pharmacist. Using 2009 as the base year, it follows that, for 2010,nominal GDP is $100, real GDP is $50, and the GDP deflator is 200.GDP is used as the basic measure of a society's economic well-being. A German citizen buys an automobile produced in the United States by a Japanese company. Check these out: (CPI in year 2 - CPI in year 1/CPI in year 1) X 100The price index was 120 in 2012 and 126 in 2013. A U.S. grocery chain purchases olive oil from Tunisia and sells it to U.S. consumers. Refer to Table 23-6. Explain in each instance. The ones that aren’t included could you explain why they aren’t included? It follows that exists because data sources are not perfect, so measures of expenditures and income are not equal QUESTION 74 8Which of the following is included in Singapore's GDP? A country reported nominal GDP of $200 billion in 2010 and $180 billion in 2009. Residents of other countries earn $300 million in Ireland. Anytime, anywhere. sarah lives in a house that could be rented for $21,000 a year. What was the growth rate of real GDP per person during the year?The one variable that stands out as the most significant explanation of large variations in living standards around the world isgoods and services produced from each unit of labor input.Which of the following is a correct way to measure productivity?Divide the quantity of output by the number of hours worked.In one day Portal Computer Company made 400 laptops with 1200 hours of labor. net factor payments from abroad are negative, and its GDP is larger than its GNP
Which of the following statements about nominal GDP and real GDP is correct?
To signup with Google, please enable popups Check these out:Find study materials for any course. Amy's discovery isWhich of the following is a determinant of productivity?A basic principle of economics is that a country's standard of living depends on itsWhich of the following lists contains, in this order, natural resources, human capital, and physical capital?For a furniture company: wood, the skills and knowledge of its workers, saws.In order for the standard of living within a country to be enhanced over time, which of the following is essential?Both Arnold and Will work 10 hours a day.
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