Title: Which of the following statements is correct? Post by: Yokav on Oct 8, 2017 Which of the following statements is correct?
A) Growth depends on output increasing at a faster rate than population. B) GNP refers to the total value of all goods and services produced by a national economy. C) Real GDP compares how much a system produces with the resources needed to produce it. D) GDP refers to the total value of all goods and services produced by a national economy regardless of where the factors of production are located. E) Per capita GDP is calculated by dividing purchasing power parity by the rate of inflation. Title: Re: Which of the following statements is correct? Post by: Byprivate on Oct 8, 2017 Content hidden
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