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

Author Question: Real GDP is not a perfect indicator of economic welfare because ________. A) it includes the ... (Read 50 times)

tiara099

  • Hero Member
  • *****
  • Posts: 588
on: Jun 29, 2018
Real GDP is not a perfect indicator of economic welfare because ________.
 
  A) it includes the underground economy
  B) it includes a direct measure of health and life expectancy
  C) it underestimates inflation
  D) economic welfare depends on many factors not measured or not measured accurately by real GDP

Question 2

The United States has a comparative advantage in producing airplanes if
 
  A) it can produce them at a lower opportunity cost than can other nations.
  B) it can produce them at a lower dollar cost than can other nations.
  C) it can produce a larger quantity than can other nations.
  D) it has a larger quantity of skilled workers than do other nations.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

britb2u

  • Sr. Member
  • ****
  • Posts: 331
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

A


tiara099

  • Member
  • Posts: 588
Reply 2 on: Jun 29, 2018
Excellent

cici

  • Member
  • Posts: 325
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

The Romans did not use numerals to indicate fractions but instead used words to indicate parts of a whole.

Did you know?

A headache when you wake up in the morning is indicative of sinusitis. Other symptoms of sinusitis can include fever, weakness, tiredness, a cough that may be more severe at night, and a runny nose or nasal congestion.

Did you know?

Patients who have been on total parenteral nutrition for more than a few days may need to have foods gradually reintroduced to give the digestive tract time to start working again.

Did you know?

Malaria mortality rates are falling. Increased malaria prevention and control measures have greatly improved these rates. Since 2000, malaria mortality rates have fallen globally by 60% among all age groups, and by 65% among children under age 5.

Did you know?

People who have myopia, or nearsightedness, are not able to see objects at a distance but only up close. It occurs when the cornea is either curved too steeply, the eye is too long, or both. This condition is progressive and worsens with time. More than 100 million people in the United States are nearsighted, but only 20% of those are born with the condition. Diet, eye exercise, drug therapy, and corrective lenses can all help manage nearsightedness.

Discipline-specific training can take years to perfect. Discipline-specific training can take years to perfect.
A typical fuel-pump module assembly, which includes the pickup strainer and fuel pump, as well as ... A typical fuel-pump module assembly, which includes the pickup strainer and fuel pump, as well as ...
Economic and Social Development Economic and Social Development
Jostling. A form of coarse vibration that includes mobilizing joints. Jostling. A form of coarse vibration that includes mobilizing joints.
economic question economic question
economic question economic question
Video: DNA close up Animation

For a complete list of videos, visit our video library