« previous next »

Author Question: The cost of inflation to society includes I. the opportunity costs of resources used by people to ... (Read 41 times)

Redwolflake15

  • Hero Member
  • *****
  • Posts: 569
on: Jun 29, 2018
The cost of inflation to society includes I. the opportunity costs of resources used by people to protect themselves against inflation. II. the diversion of productive resources to forecasting inflation.
 
  A) I only
  B) II only
  C) both I and II
  D) neither I nor II

Question 2

In calculating GDP, household production is
 
  A) included as part of consumption.
  B) ignored because it is not a large amount.
  C) not included because there is no market transaction.
  D) included under employee compensation.


apple

  • Sr. Member
  • ****
  • Posts: 352
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Human neurons are so small that they require a microscope in order to be seen. However, some neurons can be up to 3 feet long, such as those that extend from the spinal cord to the toes.

Did you know?

Of the estimated 2 million heroin users in the United States, 600,000–800,000 are considered hardcore addicts. Heroin addiction is considered to be one of the hardest addictions to recover from.

Did you know?

There can actually be a 25-hour time difference between certain locations in the world. The International Date Line passes between the islands of Samoa and American Samoa. It is not a straight line, but "zig-zags" around various island chains. Therefore, Samoa and nearby islands have one date, while American Samoa and nearby islands are one day behind. Daylight saving time is used in some islands, but not in others—further shifting the hours out of sync with natural time.

Did you know?

According to research, pregnant women tend to eat more if carrying a baby boy. Male fetuses may secrete a chemical that stimulates their mothers to step up her energy intake.

Did you know?

Acute bronchitis is an inflammation of the breathing tubes (bronchi), which causes increased mucus production and other changes. It is usually caused by bacteria or viruses, can be serious in people who have pulmonary or cardiac diseases, and can lead to pneumonia.

Cause of Inflation Cause of Inflation
Pulp - Common People Pulp - Common People
This mural depicts the history of Mexico and its struggles to create a just society in the face of ... This mural depicts the history of Mexico and its struggles to create a just society in the face of ...
Some people have begun to “attend” church as avatars. Some people have begun to “attend” church as avatars.
The Emergency Action Guide entry for styrene. Useful information includes emergency response ... The Emergency Action Guide entry for styrene. Useful information includes emergency response ...
The Central Nervous System Includes the Brain and Spinal Cord The Central Nervous System Includes the Brain and Spinal Cord
Video: Bone cells and tissues - tissue composition and cells

For a complete list of videos, visit our video library