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

Author Question: The national income accounting system provides a measure of: a. only the total amount of profits ... (Read 31 times)

Tirant22

  • Hero Member
  • *****
  • Posts: 532
The national income accounting system provides a measure of:
 a. only the total amount of profits made by business firms.
  b. the total value of all inputs used in production.
  c. the government budget surplus and deficit.
  d. the net exports of a nation.
  e. the output of an entire economy.

Question 2

Cartels:
 a. encourage competition.
  b. attempt to restrict output in order to raise prices.
  c. rely on legally enforceable contracts between cartel participants.
  d. rely on advertising and packaging to increase profits.
  e. All of the above.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Galvarado142

  • Sr. Member
  • ****
  • Posts: 348
Answer to Question 1

e

Answer to Question 2

b. attempt to restrict output in order to raise prices.




Tirant22

  • Member
  • Posts: 532
Reply 2 on: Jun 30, 2018
:D TYSM


frankwu0507

  • Member
  • Posts: 322
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

The training of an anesthesiologist typically requires four years of college, 4 years of medical school, 1 year of internship, and 3 years of residency.

Did you know?

People often find it difficult to accept the idea that bacteria can be beneficial and improve health. Lactic acid bacteria are good, and when eaten, these bacteria improve health and increase longevity. These bacteria included in foods such as yogurt.

Did you know?

There can actually be a 25-hour time difference between certain locations in the world. The International Date Line passes between the islands of Samoa and American Samoa. It is not a straight line, but "zig-zags" around various island chains. Therefore, Samoa and nearby islands have one date, while American Samoa and nearby islands are one day behind. Daylight saving time is used in some islands, but not in others—further shifting the hours out of sync with natural time.

Did you know?

Once thought to have neurofibromatosis, Joseph Merrick (also known as "the elephant man") is now, in retrospect, thought by clinical experts to have had Proteus syndrome. This endocrine disease causes continued and abnormal growth of the bones, muscles, skin, and so on and can become completely debilitating with severe deformities occurring anywhere on the body.

Did you know?

As many as 20% of Americans have been infected by the fungus known as Histoplasmosis. While most people are asymptomatic or only have slight symptoms, infection can progress to a rapid and potentially fatal superinfection.

For a complete list of videos, visit our video library