Which of the following statements is true, which statement is false? Explain for each statement whether it is true or false.
21) The income of U.S. citizens working abroad counts in U.S. GDP.
22) Double counting can be avoided by using the value-added approach when calculating GDP.
24) As long as an item has never been sold, its value is counted in GDP for the year in which it is finally sold.
Numbers and figures are an essential part of our world, necessary for almost everything we do every day. As important…
APPROVED BY CLIENTS
"assignmentexpert.com" is professional group of people in Math subjects! They did assignments in very high level of mathematical modelling in the best quality. Thanks a lot
Comments
Leave a comment