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

Author Question: The approach to GDP that sums compensation of employees, rental income, corporate profits, net ... (Read 100 times)

WhattoUnderstand

  • Hero Member
  • *****
  • Posts: 517
on: Jun 29, 2018
The approach to GDP that sums compensation of employees, rental income, corporate profits, net interest, proprietors' income, depreciation, and indirect taxes and subtracts subsidies is the
 
  A) opportunity cost approach.
  B) expenditure approach.
  C) added cost approach.
  D) income approach.

Question 2

The positive relationship between short-run aggregate supply and the price level indicates that, in the short run
 
  A) firms produce more output as the price level falls.
  B) firms produce more output as the price level rises.
  C) the money wage rate increases when moving along the short-run aggregate supply curve.
  D) lower price levels are more profitable for firms.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

wfdfwc23

  • Sr. Member
  • ****
  • Posts: 338
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

B


WhattoUnderstand

  • Member
  • Posts: 517
Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

cdmart10

  • Member
  • Posts: 332
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

In the United States, there is a birth every 8 seconds, according to the U.S. Census Bureau's Population Clock.

Did you know?

Earwax has antimicrobial properties that reduce the viability of bacteria and fungus in the human ear.

Did you know?

There are approximately 3 million unintended pregnancies in the United States each year.

Did you know?

The top 10 most important tips that will help you grow old gracefully include (1) quit smoking, (2) keep your weight down, (3) take supplements, (4) skip a meal each day or fast 1 day per week, (5) get a pet, (6) get medical help for chronic pain, (7) walk regularly, (8) reduce arguments, (9) put live plants in your living space, and (10) do some weight training.

Did you know?

Certain topical medications such as clotrimazole and betamethasone are not approved for use in children younger than 12 years of age. They must be used very cautiously, as directed by a doctor, to treat any child. Children have a much greater response to topical steroid medications.

The experimental approach used by Masui and Markert to identify cyclin and cyclin-dependent kinase ( The experimental approach used by Masui and Markert to identify cyclin and cyclin-dependent kinase (
Examination of the Thyroid Gland, Posterior Approach Examination of the Thyroid Gland, Posterior Approach
Transsphenoidal approach to hypophysectomy. Transsphenoidal approach to hypophysectomy.
New employees should be shown all exits in case of an emergency. New employees should be shown all exits in case of an emergency.
Clinical Laboratory Microbiology: A Practical Approach Clinical Laboratory Microbiology: A Practical Approach
E9-23 Prepare income statements Explain the difference in operating income E9-23 Prepare income statements Explain the difference in operating income
Video: Bone cells and tissues - tissue composition and cells

For a complete list of videos, visit our video library