Sec 23.2 MC The Measurement of GDP

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1、1. GDPisdefinedasthe a. valueofallgoodsandservicesproducedwithinacountryinagivenperiodoftime. b. valueofallgoodsandservicesproducedbythecitizensofacountry,regardlessofwheretheyareliving,inagivenperiodoftime. c. valueofallfinalgoodsandservicesproducedwithinacountryinagivenperiodoftime. d. 

2、valueofallfinalgoodsandservicesproducedbythecitizensofacountry,regardlessofwheretheyareliving,inagivenperiodoftime.ANSWER:  cPOINTS:  1DIFFICULTY:  EasyREFERENCES:  TheMeasurementofGDPQUESTION TYPE:  MultipleChoiceHAS VARIABLES:  FalseLEARNING OBJECTIVES:  ECON.MANK.15.112.28-LO:Examineth

3、eeconomicindicatorofGDPNATIONAL STANDARDS:  UnitedStates-BUSPROG:AnalyticTOPICS:  DISC:MeasuringOutputGDPKEYWORDS:  BLOOM'S:KnowledgeDATE CREATED:  9/19/20161:10PMDATE MODIFIED:  9/21/20161:40PMCUSTOM ID:  001.23.2-MC-MANK08QUESTION ID:  JFND-GO3A-ERHR-CTJ3QUESTION GLOBAL ID:  GCID-E7BW-1

4、TBP-CC4D-KPJT-CWHD-QQBZ-CAHN-4CTS-G3O1-4PDG-CE4N-43UF-GYA1-4C5G-GITU-EAJZ-CIDI-GWN8-EPRW-EMMR-C3UG-RQJZ-8B1D-OAJS-8YSS-CQJI-CESU-EQDF-GOSS-KAJ3-GRSS-EP3S-GE4U-KCJO-E7JI-YT4D-JFNN-4OTI-GO4W-NQNBEE2. WhichofthefollowingisawaytocomputeGDP? a. addupthewagespaidtoallworkers b. addupthequantiti

5、esofallfinalgoodsandservices c. addupthemarketvaluesofallfinalgoodsandservices d. addupthedifferencebetweenthemarketvaluesofallfinalgoodsandservicesandthensubtractthecostsofproducingthosegoodsandservicesANSWER:  cPOINTS:  1DIFFICULTY:  ModerateREFERENCES:  TheMeasurementofGDPQUESTION TYPE

6、:  MultipleChoiceHAS VARIABLES:  FalseLEARNING OBJECTIVES:  ECON.MANK.15.112.28-LO:ExaminetheeconomicindicatorofGDPNATIONAL STANDARDS:  UnitedStates-BUSPROG:AnalyticTOPICS:  DISC:MeasuringOutputGDPKEYWORDS:  BLOOM'S:ComprehensionDATE CREATED:  9/19/20161:10PMDATE MODIFIED:  9/21/20161:40P

7、MCopyrightCengageLearning.PoweredbyCognero.Page 72CUSTOM ID:  002.23.2-MC-MANK08QUESTION ID:  JFND-GO3A-ERHR-CTJAQUESTION GLOBAL ID:  GCID-E7BW-1TBP-CC4D-KPJT-CWHD-QQBZ-CAHN-4CTS-G3O1-4PDG-CE4N-43UF-GYA1-4C5G-GITU-EAJZ-CIDI-GWN8-EPRW-EMMR-GY4U-KC3S-GA5S-CA5R-GESU-RC