So, current transactions involving assets and property produced in previous periods are not counted in the current GDP. ... Other things not included in the GDP are government social security and welfare payments, current exchanges in stock and bonds, and changes in the values of financial assets.
Answer:
True
Explanation:
GDP is gross domestic product measuring the economic stance of a country by actually using government spending, consumption, saving and investing. So if used items that are resold would actually increase the GDP of an economy drastically as there would be a double, triple or quadruple count in certain items in a country and that would spike tax charges which can affect the life’s of consumers and also buyers by items having ridiculous prices. The imports and exports will also be affected as there’s certain taxes imposed on the items being imported or exported by a country as country’s will also have huge deficits and credits on other countries.
This in turn will have a negative value in the study of a country’s economy and well countries would not trade imports and exports easily as countries which have struggling economies will suffer even more on getting products from other countries and countries which are first world will easily purchase from other countries because they will have weak economies because of multiple counting of a single product being sold or traded. The economies won’t really save or invest a lot as they will increase on their expenditure to obtain what they want and also consumers will suffer with high interest and inflation rates in that economy.
Slavery in the colonies came to be known as the cruelty of man which is option 2.
<h3>What is
Slavery?</h3>
Slavery can be described as the condition whereby one human being was owned by another which is been seen as an act of wickedness but by law as property.
Therefore, option 2 is correct because it is depriving of most of the rights ordinarily held by free persons, hence Slavery in the colonies came to be known as the cruelty of man which is option 2.
Learn more on Slavery at:
brainly.com/question/9374853
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Answer:
1) Buddhist sacred texts : the Sutar
2) Christian scared texts : the Bible
3)Hindu scared texts : the Veda
4)Islamic scared texts : the Quran
5) Jewish scared texts : the tanach
Answer:
creation of a legislature with two houses; government support to develop industry; science courses stressed in schools
Explanation:
I dont know if this is correct but it seems reasonable
