This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The underground economy means that GDP will overstate the actual level of economic welfare. ... (Read 133 times)

theo

  • Hero Member
  • *****
  • Posts: 698
on: Jun 29, 2018
The underground economy means that GDP will overstate the actual level of economic welfare.
 
  Indicate whether the statement is true or false

Question 2

Marginal utility
 
  A) characterizes things of little use.
  B) is the additional utility derived from the last unit of a good consumed.
  C) is an implication of the law of demand.
  D) is always negative when total utility is positive and positive when total utility is negative.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

reversalruiz

  • Sr. Member
  • ****
  • Posts: 327
Reply #1 on: Jun 29, 2018
Answer to Question 1

FALSE

Answer to Question 2

B


theo

  • Member
  • Posts: 698
Reply 2 on: Jun 29, 2018
Gracias!

miss.ashley

  • Member
  • Posts: 371
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Eating carrots will improve your eyesight. Carrots are high in vitamin A (retinol), which is essential for good vision. It can also be found in milk, cheese, egg yolks, and liver.

Did you know?

On average, the stomach produces 2 L of hydrochloric acid per day.

Did you know?

The average adult has about 21 square feet of skin.

Did you know?

The word drug comes from the Dutch word droog (meaning "dry"). For centuries, most drugs came from dried plants, hence the name.

Did you know?

An identified risk factor for osteoporosis is the intake of excessive amounts of vitamin A. Dietary intake of approximately double the recommended daily amount of vitamin A, by women, has been shown to reduce bone mineral density and increase the chances for hip fractures compared with women who consumed the recommended daily amount (or less) of vitamin A.

This illustration shows the decibel level in various locations and associated with different ... This illustration shows the decibel level in various locations and associated with different ...
Economic and Social Development Economic and Social Development
Demographic change and the effect on people social, and economic life Demographic change and the effect on people social, and economic life
Changes in the Level of Education, 1975-2010 Changes in the Level of Education, 1975-2010
economic question economic question
economic question economic question
Video: What are the Parts of a Plant Cell?

For a complete list of videos, visit our video library