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joanne1718 joanne1718
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4 years ago

Question 1.

Which of the following would be counted in 2016's GDP?



▸ the value of a loan you take in 2016

▸ the value of a TV that was produced in 2015 but not sold until 2016

▸ the bonus check a stockbroker gets from his/her company in 2016

▸ the value of a bond sold by the federal government

Question 2.

If no foreign companies produce in a country, but many of the country's companies produce abroad, then



▸ the country's GNP will tend to exceed its GDP.

▸ the country's GDP will tend to exceed its GNP.

▸ the country's GNP and GDP will tend to be equal.

▸ the country's GDP will tend to be equal to its domestic income.
Textbook 
Principles of Economics

Principles of Economics


Edition: 12th
Authors:
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Steve T.Steve T.
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4 years ago
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joanne1718 Author
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4 years ago
Smart ... Thanks!
fgarza2146
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Yesterday
Brilliant ツ
Chaldoren
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2 hours ago
Just got PERFECT on my quiz
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