A nation's gross domestic product (GDP):

A. can be found by summing C + I g + G + X n .
B. is the dollar value of the total output produced by its citizens, regardless of where they are
living.
C. can be found by summing C + S + G + X n .
D. is always some amount less than its NDP.

A. can be found by summing C + I g + G + X n .

Economics

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Dell uses outsourcing, that is, Dell buys the components of the computers it produces from other firms. This is an example of

A) firm coordination. B) a partnership. C) a command system. D) market coordination.

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The power of the contract and the ability to enforce contracts in the U.S. are, in part, responsible for the overall success of the U.S. economy

Indicate whether the statement is true or false

Economics