The economy of the United States is important because it:
A) Produces as much output as China,Japan,and Western Europe combined.
B) Produces about 20 percent of total world output.
C) Exceeds the combined production of all other countries in the world.
D) Accounts for over 20 percent of total world population.
Correct Answer:
Verified
Q11: Country's GDP is:
A) The sum of the
Q12: Nominal GDP is affected by changes in:
A)
Q13: Which of the following countries currently has
Q14: Nominal GDP measures the:
A) Inflation-adjusted value of
Q15: Changes in real GDP serve as a
Q17: GDP can be found by:
A) Adding the
Q18: Real GDP is a more accurate measure
Q19: The output of cell phones can be
Q20: The value of output produced in the
Q21: Investment includes all of the following EXCEPT:
A)
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