Global questions?
Could anyone help me with these global questions??
Thanks
1.If a country imports more than it exports, this results in an unfavorable balance of trade
A) True
B) False
2. The amount of goods and services, measured at market prices, produced within a country during a particular year.
A) GDP
B) GNP
C) Balance of Trade
D) None of the above
3. A free lance photographer borrows $2500 in order to purchase a new camera and equipment. What type of resource is the camera?
A) Capital
B) Human
C) Natural
D) None of the above
4. A doctor completes a study of naturally occurring viruses at Harvard University. What type of resource is the doctor?
A) Capital
B) Human
C) Natural
D) None of the above
Fulgenicio Batista is the current dictator of Cuba
A) True
B) False
Answer:
QUESTION 1: TRUE. This is where the U.S. is now.
QUESTION 2: Pretty sure it's A, Gross Domestic Product
QUESTION 3: A, it's a capital resource because it has value.
QUESTION 4: B, he is a human resource because he provides a value that cannot be measured in terms of dollars.
QUESTION 5: FALSE. Fidel Castro is the current dictator of Cuba.
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Thanks
1.If a country imports more than it exports, this results in an unfavorable balance of trade
A) True
B) False
2. The amount of goods and services, measured at market prices, produced within a country during a particular year.
A) GDP
B) GNP
C) Balance of Trade
D) None of the above
3. A free lance photographer borrows $2500 in order to purchase a new camera and equipment. What type of resource is the camera?
A) Capital
B) Human
C) Natural
D) None of the above
4. A doctor completes a study of naturally occurring viruses at Harvard University. What type of resource is the doctor?
A) Capital
B) Human
C) Natural
D) None of the above
Fulgenicio Batista is the current dictator of Cuba
A) True
B) False
Answer:
QUESTION 1: TRUE. This is where the U.S. is now.
QUESTION 2: Pretty sure it's A, Gross Domestic Product
QUESTION 3: A, it's a capital resource because it has value.
QUESTION 4: B, he is a human resource because he provides a value that cannot be measured in terms of dollars.
QUESTION 5: FALSE. Fidel Castro is the current dictator of Cuba.
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