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

Author Question: Mistakenly adding the value of a good or service twice by counting the intermediate goods and ... (Read 111 times)

s.tung

  • Hero Member
  • *****
  • Posts: 577
on: Jun 30, 2018
Mistakenly adding the value of a good or service twice by counting the intermediate goods and services in GDP is known as:
 a. value added.
 b. double counting.
  c. factor payments.
  d. net depreciation.

Question 2

The consumption function has a positive slope while the savings function has a negative slope.
 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

shewald78

  • Sr. Member
  • ****
  • Posts: 340
Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

False


s.tung

  • Hero Member
  • *****
  • Posts: 577
Reply #2 on: Jun 30, 2018
Correct answers!


shewald78

  • Sr. Member
  • ****
  • Posts: 340
Reply #3 on: Jun 30, 2018
Great! Please up vote :D


« previous next »
 

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?

In 2006, a generic antinausea drug named ondansetron was approved. It is used to stop nausea and vomiting associated with surgery, chemotherapy, and radiation therapy.

Did you know?

Persons who overdose with cardiac glycosides have a better chance of overall survival if they can survive the first 24 hours after the overdose.

Did you know?

Today, nearly 8 out of 10 pregnant women living with HIV (about 1.1 million), receive antiretrovirals.

Did you know?

Glaucoma is a leading cause of blindness. As of yet, there is no cure. Everyone is at risk, and there may be no warning signs. It is six to eight times more common in African Americans than in whites. The best and most effective way to detect glaucoma is to receive a dilated eye examination.

Worldly Goods Worldly Goods
A form that the customer should fill out if there is a driveablilty concern to help the service ... A form that the customer should fill out if there is a driveablilty concern to help the service ...
Isomerization reaction proceeds via an enediolate intermediate. Isomerization reaction proceeds via an enediolate intermediate.
Peanut butter is good source of protein Peanut butter is good source of protein
Prevalence of good health in Canadians aged 65 years and older Prevalence of good health in Canadians aged 65 years and older
Adding different Angular frequency w(t)? Adding different Angular frequency w(t)?
Video: Mechanics of Sound Animation

For a complete list of videos, visit our video library