Sales of Starbucks in the Philippines is counted under the ___ of the Philippines.Select one:a. GDPb. GNPc. Neither GDP nor GNPd. Both GDP and GNP
Question
Solution 1
The sales of Starbucks in the Philippines would be counted under the GDP (Gross Domestic Product) of the Philippines.
Here's why:
a. GDP (Gross Domestic Product) measures the value of economic activity within a country. Strictly defined, GDP is the sum of the market values, or prices, of all fina Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
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Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
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