List and discuss the components of GDP.

Is the burden of the tax more likely to fall on food stores or food purchasers?
December 25, 2020
Economics
December 25, 2020

1.       Define gross domestic product (GDP), and distinguish between final goods and services and intermediate inputs.

2.       List and discuss the components of GDP.

Don't use plagiarized sources. Get Your Custom Essay on
List and discuss the components of GDP.
Just from $13/Page
Order Essay

3.       Explain what GDP does not include.

4.       Compare GDP and GDP per capita across countries.

5.       Define gross domestic product (GDP), and distinguish between final goods and services and intermediate inputs.

6.       Explain what GDP does not include.

7.       Compare GDP and GDP per capita across countries.

8.       Which of these is not a reason we might want to measure the size of the economy?  a) To track the magnitude of recessions. b) To estimate the productive capacity of the country in case of war. c) To measure the happiness of people. d) To estimate tax collections. e) To compare living standards in different countries

                                                                                Place Order