Answer each question separately
The measure to measure the value of the final total production in a country during a year is the gross domestic product
Which variables determine the gross domestic product?
What are the two approaches used to measure gross domestic product?
If the countries that export oil (OPEC) to the rest of the world decide to increase the price per barrel of oil, explain what impact the increase will have on the price level of the following
The maritime and terrestrial transportation of products
Consumer goods and services
The electric energy
Explain how a severe drought in a country, whose main activity is agriculture, can affect
The gross domestic product of that country
The unemployment rate
The price index of agricultural products
Answer each question separately
The measure to measure the value of the final total production in a country during a year is the gross domestic product
Which variables determine the gross domestic product?
What are the two approaches used to measure gross domestic product?
If the countries that export oil (OPEC) to the rest of the world decide to increase the price per barrel of oil, explain what impact the increase will have on the price level of the following
The maritime and terrestrial transportation of products
Consumer goods and services
The electric energy
Explain how a severe drought in a country, whose main activity is agriculture, can affect
The gross domestic product of that country
The unemployment rate
The price index of agricultural products
