Social Studies, 09.04.2021 03:10 taylor5384
GDP is used by economists to measure a nation's total production, so clearly they don't want the calculation of GDP to miss any significant amounts of
production that take place.
1. What are some production items that the typical measure of GDP might miss? Why?
2. Should these missed items concern us, and, if so, what should we do about it?
3. Scenario: You have a garden in your backyard/window flower box. Provide examples of when the items you grow should or should not be counted in
the GDP calculation? Is it possible to have a situation where both occur (count and not be counted)?
Answers: 3
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When recursive formula can be used to determine the total amount of money earned in any year based on the amount earned in the previous years?
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Which quotation reflects the perspective of most of georgia legislatures in 1956 regarding the georgia state flag? question 4 options: "georgia's flag should be updated to have a more modern look and design." "georgia's flag should be a symbol of integration and equal rights." "georgia's flag does not need to be changed; it represents peace and prosperity." "georgia's flag should be a symbol of our resistance to federal integration laws."
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Federal courts have jurisdiction when a case involves what?
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GDP is used by economists to measure a nation's total production, so clearly they don't want the cal...
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