Rileyb101207
10.09.2019 •
Business
Anewspaper article informs you that most businesses reduced production in the last quarter but also sold from their inventories during the last quarter. based on this information gdp likely
a. increased.
b. decreased.
c. stayed the same.
d. may have increased, decreased, or stayed the same
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Ответ:
The correct answer is letter "B": decreased.
Explanation:
The Gross Domestic Product or GDP represents the overall market value of all nation-produced goods and services and calculates the performance of the economy. It is calculated using the following formula:
GDP = C + G + I + NX
Where:
C: private consumption or consumer spending G: government spending I: businesses' capital spending NX: net exports (exports - imports)In the example, if businesses decreased their production, capital spending (I) will be lowered. Thus, if the other factors remained the same, the GDP is likely to decrease during that quarter.
Ответ:
Globalization has had a positive effect on economic growth, contributing to rising living standards and the reduction of extreme poverty across the world.
Explanation: