Even If the Gross National Product (GNP)index Is Used to Measure

question 58

Multiple Choice

Even if the Gross National Product (GNP) index is used to measure the well-being of a country,it will fail to show

• A)growth in secondary industries (manufacturing).
• B)the distribution of wealth.
• C)growth within tertiary industries (services).
• D)growth within primary industries (mining, forestry, agriculture, fishing).

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Definitions:

Present Value

Today's value of money or cash flows to be received in the future, determined by applying a given rate of return.

Future Value

The value of a current asset at a specified date in the future, calculated using estimated rates of growth or return.

Growth Rate

The measure of the increase in size, number, value, or strength of a business or a segment of its operations over a specific period.

Earnings Per Share

A measure of a company's profitability, calculated as the company's net income divided by the total number of outstanding shares.