________ is the market value of production generated by the factors of production possessed or owned by the residents of a particular nation
A) Gross domestic product B) Total Market Value
C) Gross National Product D) Net domestic product
C
You might also like to view...
A call option has a strike price of $48. If the underlying stock is selling for $45 on the expiration date, the intrinsic value of the call option is __________ per share
A) $93 B) $45 C) $3 D) $0
Which of the following is included in both the balance of trade and the balance of payments?
A) exports B) earnings on domestic assets owned by foreign residents C) international capital movements D) earnings by domestic residents on assets located abroad
If income were equally distributed among households,
a. each household's relative share of income would increase. b. each household's relative share of income would decrease. c. the top fifth of households would have 50 percent of the income. d. 50 percent of the households would receive exactly 50 percent of the income.
One feature of the new textbook market is that publishers face ________ fixed costs and ________ variable costs.
A. high; high B. low; low C. low; high D. high; low