2. Refer to your textbook as you write the answers. Economics describes economic activity. Describe the basic social & economic goals used to evaluate economic performance. GDP looks at the production level of an economy … Guided Reading Activities provide you with resources to help students focus on the key infor-mation and concepts in each chapter of Economics Today and Tomorrow. CIA World Factbook. If you don't see any interesting for you, use our search form on bottom ↓ . Evaluating Economic Performance. Directions: Complete the statements below. The reproducible activities follow the outlines of each section in the chapter. For example, it uses terms such as Gross Domestic Product (GDP), which is the dollar value of all final goods, services, and structures made ACTIVITY 4: Assessment . That is, there is no trade with other countries, so the economy has consumption, investment, and government spending, but no net exports. A. 353 CHAPTER-BY-CHAPTER ANSWER KEY CHAPTER 1 ANSWERS FOR THE MULTIPLE CHOICE QUESTIONS 1. b The sociological perspective is an approach to understanding human behavior by placing it within its broader social context. CREATING A CUSTOMIZED FILE As I have been reading and learning more about Ethiopia’s economy and preparing this address, there seem to be two important points on which there is broad agreement: Over the last 25 years, Ethiopia has made incredibly important development progress, underpinned by rapid economic … Test and Evaluation (DT&E) and systems engineering (SE) activities for the Department's MDAPs, major automated information systems (MAIS), and special interest programs. Download 2 2 guided reading activity answer key document. Gross domestic product (GDP) and gross national income (GNI) are two measures of economic activity, but what they measure differs. (4) Lesson 3 . 2 EVALUATING ECONOMIC PERFORMANCE Objectives After this section, you will be able to: Describe the basic economic and social goals used to evaluate economic performance. Assume that a country has a closed economy that has only three goods/services. 3. These activities are designed for students needing further reinforcement of—and another chance to master—information presented in the textbook. One activity is provided for each chapter of Economics: Principles and Practices. Evaluate the trade-offs among economic & social goals. Retaching Activities are useful to those students whose test scores indicate that another look at the chapter is needed. 1. The report evaluates the progress of weapon systems' performance for programs designated … 2. (4) 2. d Sociologists consider occupation, income, education, gender, age, and race as dimensions of social location. Review Questions. Economic and Social Goals 1. 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