Which of the Following Statements Is Correct

question 162

Short Answer

Which of the following statements is correct?
GNP refers to the total value of all goods and services produced by a national economy.
GDP refers to the total value of all goods and services produced by a national economy regardless of where the factors of production are located.
Growth depends on output increasing at a faster rate than population.
Per capita GDP is calculated by dividing purchasing power parity by the rate of inflation.
Real GDP compares how much a system produces with the resources needed to produce it.

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Definitions:

Barbiturate

A class of drugs that are used as sedatives and hypnotics, which can depress the central nervous system, leading to effects ranging from mild sedation to total anesthesia.

Barbiturates

A class of drugs that are used as sedatives and hypnotics. They can depress the central nervous system, leading to effects ranging from mild sedation to total anesthesia.

Insomnia

A sleep disorder characterized by difficulty falling or staying asleep, leading to impairment in daily functioning.

REM Sleep

A phase in the sleep cycle characterized by rapid eye movements, more vivid dreams, and increased brain activity.