If the number of stages between input production and final product production increases then:
a. GDP and GNP both rise.
b. GDP and GNP both fall.
c. GDP and GNP both remain unchanged.
d. GDP rises and GNP falls.
e. GDP falls and GNP rises.
.C
Economics
You might also like to view...
The amount of real GDP produced at any one time depends on
i. a fixed amount of capital. ii. a fixed level of technology. iii. decisions people make about leisure versus working. A) ii only B) ii and iii C) i and ii D) i only E) i, ii and iii
Economics
Official Development Assistance must be
a. provided by any agency registered with the United Nations b. provided for any government-related purpose c. provided for development purposes, regardless of the terms on which it is provided d. provided for development purposes and with concessional terms e. all of the above
Economics