Which of the Following Statements Is Correct

question 30

Multiple Choice

Which of the following statements is correct?

• A) GNP refers to the total value of all goods and services produced by a national economy.
• B) 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.
• C) Growth depends on output increasing at a faster rate than population.
• D) Per capita GDP is calculated by dividing purchasing power parity by the rate of inflation.
• E) Real GDP compares how much a system produces with the resources needed to produce it.

Differentiate between mutually exclusive and independent events.

Use the relative frequency approach to probability.

Calculate probabilities involving combinations and permutations.

Identify the muscles involved in the elevation of the hyoid bone during swallowing.

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Definitions:

Palms

The inner surface of the hands between the fingers and the wrists.

Soles

The undersides of a person's feet.

Alopecia

The loss of hair; baldness.

Physiologic

Relating to the functions of living organisms and their parts.