Question

Ante tolikowing Us Towy w Et Questo 39 Gradesh 1. The western component DD 2. An increase in real GDP of the UNE output of goods and services U 3. Economists use the termino debe overall production levels rising 4. Suppose that a borrower and and then on a loan. Then nation turns out to be the one that the real interest rate on this loans lower than 6. The catch-up effect is deed the property where rich more rapidly than poor countries 6. GDP is the market value of all ages and citizens in a given period of time e s by 7. A rise in the price of cheese with atlet both CP and GDP price of domestically produced machines will only affect CP R inte 8. Country A produces 6.000 units of goods and services using 900 hours of while Country B produces 5.000 units of goods and services wing 450 then productivity is higher in Country than in County Al 9. Constant returns to scale is the point on a production function when no g will no longer increase output ) 10. If your company opens and operates a branch in a foreign country. You engaging in foreign portfolio Investment ) B. Second Question 45 Grades) Choose the Correct Answer (3 grades each): 1. GDP excludes most items that are produced and sold legally and most im produced and consumed at home because a. the quality of these items is not high enough to contribute value to GDP b. measuring them is so difficult c. the government wants to discourage the production and Consumo items d. these items are not reported on income tax forms 2. Consumption consists of spending by households on goods and serve exception of a. purchase of intangible services b. purchases of durable goods c. spending on education d. purchases of new houses 3. If real GDP doubles and nominal GDP quadruples, then GDP della a. remains constant b. doubles c. triples d. quadruples

Answer 1

I am answering the questions that are visible to me. 11. A, 12. C, 13. A, 14. D