This topic contains a solution. Click here to go to the answer

Author Question: Which of the following expenditures would be counted as consumption in GDP accounts? a. Mary buys a ... (Read 92 times)

panfilo

  • Hero Member
  • *****
  • Posts: 572
Which of the following expenditures would be counted as consumption in GDP accounts?
 a. Mary buys a new home computer to check her e-mail and play computer games.
  b. Mark buys a new computer for his medical economic consulting business.
 c. Leslie, an EPA scientist, buys a new computer for her lab at work.
 d. Juan leases a new computer for his graphic design company.

Question 2

The owner of a sole proprietorship has limited liability, while stockholders of corporations have unlimited liability.
 a. True
  b. False
  Indicate whether the statement is true or false



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Beatricemm

  • Sr. Member
  • ****
  • Posts: 323
Answer to Question 1

a

Answer to Question 2

False




panfilo

  • Member
  • Posts: 572
Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it


ebonylittles

  • Member
  • Posts: 318
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

Asthma-like symptoms were first recorded about 3,500 years ago in Egypt. The first manuscript specifically written about asthma was in the year 1190, describing a condition characterized by sudden breathlessness. The treatments listed in this manuscript include chicken soup, herbs, and sexual abstinence.

Did you know?

Not getting enough sleep can greatly weaken the immune system. Lack of sleep makes you more likely to catch a cold, or more difficult to fight off an infection.

Did you know?

Interferon was scarce and expensive until 1980, when the interferon gene was inserted into bacteria using recombinant DNA technology, allowing for mass cultivation and purification from bacterial cultures.

Did you know?

After 5 years of being diagnosed with rheumatoid arthritis, one every three patients will no longer be able to work.

Did you know?

A cataract is a clouding of the eyes' natural lens. As we age, some clouding of the lens may occur. The first sign of a cataract is usually blurry vision. Although glasses and other visual aids may at first help a person with cataracts, surgery may become inevitable. Cataract surgery is very successful in restoring vision, and it is the most frequently performed surgery in the United States.

For a complete list of videos, visit our video library