To Calculate GDP Once National Income Has Been Computed, We

question 63

Multiple Choice

To calculate GDP once national income has been computed, we must

• A) add indirect business taxes and transfers and subtract profits.
• B) add depreciation and subtract indirect business taxes.
• C) add depreciation and indirect business taxes and transfer payments and subtract other business income adjustments and net U.S. income earned abroad.
• D) add indirect business taxes and transfers and subtract depreciation, other business income adjustments, and net U.S. income earned abroad.

Define biomes and identify the factors that influence their distribution.

Explain the characteristics that make tropical rainforests highly productive ecosystems.

Understand how atmospheric and oceanic conditions influence weather and climate patterns.

Describe the environmental conditions and adaptations found in desert ecosystems.

---

Definitions:

Foreign Consumers

Individuals or entities residing in another country who purchase goods or services from the domestic market.

International Monetary Fund

A global financial institution that provides financial assistance and advice to member countries, aiming to foster global monetary cooperation and financial stability.

Exchange Rates

The value of one currency for the purpose of conversion to another, determining how much of one currency can be exchanged for another.

World Bank

An international banking institution dedicated to providing poorer countries' governments with the financial support needed for capital project development.