A. GDP measures the value of goods and services consumed by a country in a given year. B. In Australia, GDP is measured in dollars. C. Only final goods and services are included in GDP. D. GDP measures only goods and services sold through legal markets. ...
Which of the following is not included in GDP? a. Investment b. Imports spending c. Exports spending d. Government spending Gross Domestic Product (GDP): The gross domestic product measures the monetary value of all the final goods and services...
A. GDP decreases B. Unemployment rises C. Economic growth accelerates D. Inflation decreases 相关知识点: 试题来源: 解析 C。解析:一个国家的出口增加会促进经济增长,因为出口带来收入和就业机会。出口增加通常会使 GDP 增加、降低失业率、对通货膨胀的影响不确定。反馈...
a(1.) Trade dependency is defined as "exports plus imports as a percentage of Gross Domestic Product (GDP)."[translate]
GDPstandsforGrossDomesticProduct,andisawaytomeasurehowbigtheeconomyis.GDPmeasuresthe valueofallfinalgoodsandservicesproducedinacountry. NotallproductionisincludedinGDP: 1.Ifatransactionoccursintheundergroundeconomythatgovernmentstatisticianscan’tmeasure (criminalactivityisamajorsourceofthis),itwon’tbecounted. 2....
aOpenness, measured by the share of trade (exports plus imports) in GDP is 60 percent today (2003). China is about as open as France and Italy, two economies deeply integrated in the European Single Market (for comparison, average trade openness is below 40 percent in Latin America.) In...
What is nominal GDP and what is real GDP? Explain what is included in each. Write down the definition of the following economic term: GDP Why is GDP called gross 'domestic' product when it includes imports and exports too? A. Define the term Gross Domestic Product. B. Provide a bri...
Which of the following is included in GDP? A. value of existing home sales B. value of stock purchases C. child care performed by family member D. value of consumer spending How do wealth and income affect political ideology? How does absolute advantage affect imports and exports?
While it is possible to deconstruct the GDP in various ways, the most common is to view it as the sum of a country's private consumption, investment, government spending, and net exports (or exports less imports). The consumption and investment components of the GDP tend to be more reliabl...
Nominal GDP is also called "current dollar" GDP. It is the total in dollars (or any other currency) of goods and services consumed, plus government expenditures, investments, and exports, minus total imports. The effects of inflation or deflation and the fluctuations of currency can convey a ...