Assignment #3.docx - Assignment#3 1 GNP or GDP divided by...

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Assignment #3 1. GNP or GDP divided by total population provides a measure of a. per capita income.b. the wellness index.c. the gap between the rich and poor.d. the poverty index. 2. A country’s nominal GNP for a given year is defined as the total marketvalue of: 3. Which measure uses a common set of international prices for all goods and services produced? 4. Nike has a factory in China producing and selling shoes. The value of transactions will be counted into ______.

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