<span>The statement about GDP is correct is GDP excludes positive changes in inventories. The answer is letter A. </span>The GPD of a country or nation is the value of dollar of the total output such as goods and services that is produced within the country in a particular year. For example, the total market value of the total output produced in Korea in 2003 is $700 billion and the total market value of the final output sold is $500 billion, we can conclude that the GDP of Korea in 2003 is $700 billion.
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The way scarce resources get distributed within an economy determines the type of economic system. There are four different types of economies; traditional economy, market economy, command economy and mixed economy. Each type of economy has it’s own strengths and weaknesses.
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<em>Providing supplies to American and Allied troops fighting the war in Europe, Africa, and the Pacific required the efforts of all Americans. At home, citizens </em><em>assisted</em><em> to the war effort by rationing consumer goods, recycling materials, purchasing war bonds, and working in war industries.
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Media has given political parties the tools to reach large numbers of people and can inform them on key issues ranging from policies to elections. In theory, media should be seen as an enabler for democracy, having better-educated voters would lead to a more legitimate government.
