Which of the following is NOT included in real GDP?
A) production of services, such as the services of hair dressers
B) production of goods that last less than a year, such as production of hot dogs
C) production that takes place in the underground economy
D) production of goods that last more than a year, such as a pair of roller blades
Question 2
A price ceiling is a price
A) below which a seller cannot legally sell.
B) above which a seller cannot legally sell.
C) that creates a surplus of the good.
D) Both answers A and C are correct.
Conventional oil reserves have passed peak production
World Crude Oil Production, 1900–2010
World Crude Oil Production and Reserves (Billions of Barrels)
Structures of Voice Production
Prove that each of the following real functions f has a discontinuity. For each function, ...
Mechanisms involved in production of metabolic alkalosis due to loss of gastric fluid