Which of the Following Children Would You Expect to Have

question 79

Multiple Choice

Which of the following children would you expect to have the highest activity level and consequently the hardest time sitting still?

• A) Judy (a girl) who is 3 years old
• B) Janice (a girl) who is 6 years old
• C) Renaldo (a boy) who is 3 years old
• D) Jose (a boy) who is 6 years old

Comprehend the basics of the circular-flow diagram in economic modeling.

Analyze economic behavior using basic supply and demand tools in the context of GDP.

Understand the concept and components of Gross Domestic Product (GDP) and its importance as an economic measure.

Distinguish between GDP, Gross National Product (GNP), Net National Product (NNP), and other income measures.