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Which items are used to calculate the GNP?

Gross National Product, commonly abbreviated as GNP measures a nationâ??s total economic activities. The items used to determine the GNP of US are consumption, government expenditures, investments, exports, foreign production by US companies and domestic production by foreign companies.


What items would be a threat to a traditional economic lifestyle?

rifles, telephones, television


What is the major difference between economic and commercial activities?

Differences between economic appraisal and commercial appraisal can be a source of confusion for practitioners. The purpose here is to highlight the key differences with the aim of dispelling some of the confusion that surrounds them. Discussion of each type of appraisal is followed by a checklist showing how various items are treated under each type.


What is the rise in popularity of selling personal goods in eBay demonstrates the business cycle?

The rise in popularity of selling personal goods on eBay reflects the business cycle by illustrating shifts in consumer behavior during economic fluctuations. During downturns, individuals often seek extra income by selling unused items, while in stronger economic periods, they may indulge in purchasing more. This trend underscores how economic conditions influence both consumer spending and the resale market, highlighting the interconnectedness of personal finance and broader economic cycles. Overall, eBay serves as a microcosm of economic activity, adapting to the changing needs and behaviors of consumers.


Under the economic policy of mercantilism which of these did the colonies not have to do?

Under the economic policy of mercantilism the thing that the colonies did not have to do was Manufacture the same items that were produced to England ------> Is MpK