The gross domestic product (GDP) of a country is the value of:
A) output generated by factors of production owned by the citizens of a country, no matter where the production takes place.
B) output produced within a country's borders, regardless of who owns the factors of production used in the production and receives their returns.
C) consumption by domestic consumers.
D) output produced by domestic firms located within the country's borders.
Correct Answer:
Verified
Q23: International investment includes:
A) the purchase of financial
Q24: In real terms, in 2000 the volume
Q25: International investment occurs in the form of:
A)
Q26: Diversification:
A) permits asset holders to reduce the
Q27: The motive for international investment referred to
Q29: Since we are ultimately interested in the
Q30: Suppose that the return to investment is
Q31: Why doesn't capital flow from rich countries
Q32: The statistical evidence on the growth effects
Q33: Martin Feldstein and Charles Horioka found that
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents