Can GDP be more than GNP
Can GDP be more than GNP? Answer: Yes, GDP can be greater or more than GNP if NFIA is negative.
Can GDP be more than GNP?
Answer: Yes, GDP can be greater or more than GNP if NFIA is negative.
Brian, a poor college student, eats pinto beans or Ramen Noodles for dinner every night. After the graduation, he takes a job with a beginning salary of $50,000 per year. This modification in income is most probable to: (1) Decrease his consumption of both the product
The problem of asymmetric information is that: A. neither health care buyers nor providers are well-informed. B. health care providers are well-informed, but buyers are not. C. the outcomes of many complex medical procedures cannot be predicted. D. insurance companies are well-informed but poli
Revenue of a firm: It is the sale or money receipts from the sale of product.
Microsoft charges a substantially lower price for a software upgrade than for the initial purchase of the software. This implies that Microsoft views the demand curve for the software upgrade to be: A) more elastic than the demand for the original software. B) upslop
Nick answers ‘help wanted’ ads through making phone calls and scheduling the interviews. Whenever a prospective employer asks for queries and resume Nick regarding his references and skills, then the firms are practicing an illustration of: (i) Signaling.
I have a problem in economics on Normal market supply curves. Please help me in the following question. The actuality that normal market supply curves slope upward is most obviously due to: (i) The lower costs incurred as production rises. (ii) Overti
When the government obliged a ceiling price of P0 on papayas, the market scarcity would correspond to line: (1) ab. (2) cd. (3) ac. (4) bd. (5) ae. Q : Advertising for higher prices Brand Brand name aspirin sells on higher prices than generic aspirin since: (w) higher prices mean higher quality. (x) they are chemically superior. (y) they cost more to produce. (z) advertising campaigns relate the brand name along with quality.
Brand name aspirin sells on higher prices than generic aspirin since: (w) higher prices mean higher quality. (x) they are chemically superior. (y) they cost more to produce. (z) advertising campaigns relate the brand name along with quality.
The Production possibilities frontiers are most probable to shrink when: (1) National income becomes less fairly distributed. (2) High-tech agriculture reduces jobs for migrant farm workers. (3) A 3-hour nuclear war blasts technology back to Stone Age
Price controls are intended to: (w) eliminate arbitrage and speculation. (x) stabilize prices. (y) make sure laissez-faire policies. (z) ignore shortages and surpluses. How can I solve my economics problem? Please
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