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Author Question: For the purposes of GDP accounting, government purchases include A) the purchases of new military ... (Read 70 times)

K@

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on: Jun 30, 2018
For the purposes of GDP accounting, government purchases include
 
  A) the purchases of new military equipment.
  B) direct transfer payments by the government to other individuals.
  C) Social Security payments.
  D) welfare payments.

Question 2

Total cost falls when marginal cost is ________, and total cost rises when marginal cost is ________.
 
  A) negative; positive B) positive; negative C) zero; negative D) zero; positive
Macroeconomics: Principles, Applications and Tools ¦ O'Sullivan, Sheffrin, Perez ¦ 7th Edition
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akudia

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Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

A


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