The public knowledge communicated by a range of non-specialist masses encompassing a wide subject range. General erudition: knowledge of many things.
What does General Knowledge talk about?
Knowledge about anything, anyone, anyplace in the universe. General acquaintance with facts, truths, or principles, as from study or investigation. General knowledge is also moderately associated with verbal ability, though only weakly or not at all with numerical and spatial ability.
Why is General Knowledge Needed?
There are studies that found General Knowledge can predict exam results. The study examined personality predictors &cognitive ability in student's exam performance which found General knowledge was positively related with overall exam results.
A) Consumption, investment, government purchases, and net exports
B) Consumption, investment, government spending, and imports
C) Consumption, investment, government purchases, and imports
D) Consumption, investment, wages, and rent
A) Consumption, investment, government purchases, and net exports
B) Consumption, investment, government spending, and imports
C) Consumption, investment, government purchases, and imports
D) Consumption, investment, wages, and rent
Answer & ExplanationAnswer: A) Consumption, investment, government purchases, and net exports
Explanation:
Gross domestic product (GDP) is the monetary value of all the finished goods and services produced within a country's borders in a specific time period.
Simply, GDP is a broad measurement of a nation’s overall economic activity.
It is calculated by summation of Consumption, investment, government purchases, and net exports.