Question

Gross Domestic Product (GDP) does not include:

A)	overseas production of U.S. companies

B)	business investment.

C)	net exports.

D)	consumption expenditures.

Central Planning in the Soviet Union:

A)	was implemented by the Roosevelt administration during the Great Depression as a precursor to the New Deal.

B)	was implemented by Lenin in the USSR during the 1920’s to provide incentives to entrepreneurs after the economic disaster of War Communism from 1918-1921.

C)	implemented by Stalin was a major economic disaster as production fell precipitously due to capitalist hoarding and price-gouging.

D)	helped end the Great Depression in the U.S. since it protected bank depositors from the ruin of a bank-run.

Gross Domestic Product (GDP) does not include:

A)	overseas production of U.S. companies

B)	business investment.

C)	net exports.

D)	consumption expenditures.

Answer 1