The value of what KFC produces in Japan is included in the U.S. ________ and in the Japanese ________.   Group of answer choices GDP; GDP GNP; GDP GDP; GNP GNP; GNP

Q: When GDP increase ?

A: GDP (Gross Domestic Product): It refers to the total market value of all produced final goods and…

Q: what was the gdp and gnp of the united states in 2000

A: 10,252.3 billion U.S dollars was the GDP of united states in 2000.

Q: A Minnesota farmer buys a new tractor made in Iowa by a German company. As a result,   U.S.…

A: The Gross Dome­stic Product (GDP) quantifies the total economic output and value of goods and…

Q: Which component(s) of U.S. real GDP decreased in size relative to total U.S. real GDP from 1900 to…

A: Usually the sectors of economy are divided into following parts : agriculture, industrial and…

Q: if A's GDP is higher than country's B GDP, does it follow that country A has a higher per capita GDP…

A: Gross domestic product (GDP) is the monetary value of all final goods and services produced within a…

Q: Which of the following would increase gross private domestic investment in an economy? Select one:…

A: The four components of GDP include the business investment, personal consumption, government…

Q: Country A has a GDP of $300 billion and a population of 10 million, while country B has a GDP of $3…

A: Answer: Introduction: per capita GDP refers to the average income per person during a given year.…

Q: GDP and GNP cannot be grouped and calculated by industry. TRUE OR FALSE?

A: Gross national product (GNP) is the total market value of the final goods and services generated by…

Q: Two countries, Orange Rose and Blue Violet, produce only two goods: tea pots and coffee pots. The…

A: PPF is the production possibility frontier. PPF shows the production possibility of two goods in an…

Q: Determining the international economic/trade exposure of the Netherlands, to what extent is the…

A: The economic system of Netherland is mixed. It includes a variety of private freedom, having the…

Q: A small economy produced the following final goods and services during a given month: 3 million…

A: The gross domestic product of an economy is the aggregate of the market values of all final goods…

Q: Calculate the gross domestic product and the net domestic product and market prices

A: The measure that in turn depicts the monetary value of final services and goods produced within a…

Q: Country A produces GDP according to the following equation: GDP = 5/K and has a capital stock of…

A: Introduction Country A produces its GDP according to the following equation = 5 K And the capital…

Q: In the economy of Russia in 2015, consumption was $3000, GDP was $6500, government purchases were…

A: To find Russia's exports in 2015, we can use the expenditure approach to calculate the Gross…

Q: Calculate the PPP-adjusted GDP for each of the four countries, using the information found in the…

A: GDP or gross domestic product is the sum of the value of all end commodities produced within the…

Q: Identify the major ways of measuring economic activity.

A: Economic activity is measured through the Gross Domestic Product (GDP), Gross National Product (GNP)…

Q: During 2020, Nation Z produced only 10 goods. Goods A, B C, D and E are intermediate goods. Goods F,…

A: Nominal GDP is the total value of the goods and services produced in the country's economy over a…

Q: Which would one use if you wanted to understand why income changes in a country?   A. development…

A: Cobb Douglas production function: Y = AKα L1-α. Where Y is output (or income) A is total factor…

Q: Country Population GDP Paraguay 7.045 Million $38,150 Million

A: Gross Domestic Product: It refers o the value of all the final goods and services that are produced…

Q: Sarah is a United States citizen. Sarah works in the United Kingdom. Which of the following…

A: GDP is Gross Domestic Product which means the value of finished goods and services produced within…

Q: Why is GDP and GNP converted to US dollar

A: Gross domestic product (GDP) measures the money value of all final goods and sevices produced within…

Q: As nations become more prosperous, the contribution of agriculture to gross domestic product (GDP)…

A: Economics as a subject is used to understand how efficient allocation of resources can lead to…

Q: - The following is known about Ekonland: Personal Taxes 40 Government Purchases 90 Social Security…

A: Gross Domestic Product (GDP) is the sum total of market value of final goods and services produced…

Q: Answer the following questions from the given Table below which contains data for Saudi Arabia for…

A: Under the expenditure approach, the sum of amount spent by the household sector, business sector,…

Q: If a U.S. firm produces cars in Canada, that production should count towards A) U.S. GNP. B) U.S.…

A: The value of the products a nation produces over the course of a fiscal year is referred to as…

Q: What is the economic term for the total value of goods and services produced within a country's…

A: The economic term for the total value of goods and services produced within a country's borders in a…

Q: hat is GNP? GNP is the market value of all the final goods and services _____. A. produced within a…

A: Macroeconomics refers to the branch of economics concerned with huge-scale or general economic…

Q: As an economist with the World Bank you have been asked to measure the Gross Domestic Product for…

A: Gross domestic product (GDP) measures the market value of final goods and services produced by an…

Q: onsider Table 1 above. What is Uruguay's GDP per capita?       A) $1,998.34       B) $7,454.30…

A: Gross Domestic product (GDP) measures the value of final goods and services produced within the…

Q: Invention of new local products plays a crucial role in raising the country's budget and increasing…

A: By inventing new local products, customers get more attracted towards new products and are willing…

Q: The following table lists 2012 GDP per capita for four countries. The data are given in the national…

A: Purchasing power parity (PPP) is the rate at which the currency of one country has to be converted…

Q: It is expected that in the next twenty years the gross domestic product of China will become larger…

A: While comparing the GDP in both countries, China becomes larger than the United States. This means…

Q: The table below shows the values for several different components of GDP. Billions of Dollars $ 250…

A: The table containing the information about various components of GDP are given below.…

Q: Explain three (30 comparative differences between real GDP and real GDP per capita.

A: Real GDP :- Real GDP refers to the value of total economic output produced inside the geographical…

Q: Since it is counted as an investment, why doesn't the purchase of equipment from Caterpillar (a U.S.…

A: Gross domestic product (GDP) measures the market value of final goods and services produced within…

Q: Use the table below to answer the following questions. GDP per capita GDP per capita Country 2013($)…

A: a. By looking at the "GDP per capita 2018 ($)" column in the table, Artinia has the highest value of…

Q: Based on the GDP information in the table below for 2 countries:   Country A Country B GDP per…

A: A developed economy is one that is found in a developed country with a high level of economic growth…

Q: Calculate trade-to-GDP for both case and define what does the trade-to-GDP ratio measure. Compare…

A: Gross Domestic product (GDP) refers to the value of goods and services produced with in the domestic…

Q: List two economically  important activities not captured in GDP.

A: GDP (or gross domestic product) refers to the market value of all final services and goods…

Q: Why is the GDP important?

A: Gross domestic product refers to the total monetary value of goods and services produced in a…

Q: South Africa has a GDP of $10 billion (measured in U.S. dollars) and a population of 45 million.…

A: South Africa has a GDP of $10 billion (measured in U.S. dollars) and a population of 45 million. GDP…

Q: The following table presents the exports and imports of a country in three categories for the years…

A: International trade refers to the exchange of goods and services across the world. Import refers to…