What makes a bigger contribution to GDP,12 million cars sold at $28,000 each or 20 million computers sold at $1,000 each?
A) 12 million cars
B) 20 million computers
C) Both make the same contribution.
D) It is impossible to say without knowing the costs of production.
Correct Answer:
Verified
Q8: Real GDP per capita is calculated as
Q9: National wealth refers to the value of
Q10: The market value of all final goods
Q11: Gross domestic product (GDP)is the market value
Q12: The most common measure of the size
Q14: Which of the following would NOT be
Q15: GDP:
A) is a measure of national wealth.
B)
Q16: The difference between a final good and
Q17: Gross domestic product is the market value
Q18: GNP measures:
A) the same things as GDP,but
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