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

Author Question: Assume that gross national product amounts to 4300.5 billion, depreciation is 550.1 billion, and ... (Read 133 times)

sabina

  • Hero Member
  • *****
  • Posts: 563
on: Jun 30, 2018
Assume that gross national product amounts to 4300.5 billion, depreciation is 550.1 billion, and indirect taxes are 399.3 billion. Then, net national product amounts to
 
  a. 3351.1 billion.
  b. 4549.8 billion.
  c. 3851.2 billion.
  d. 3750.4 billion.

Question 2

When drawn against the real interest rate, the output supply curve is upward sloping because labor supply is
 
  A) increasing in the real interest rate and labor demand is independent of the real interest rate.
  B) decreasing in the real interest rate and labor demand is independent of the real interest rate.
  C) independent of the real interest rate and labor demand is increasing in the real interest rate.
  D) independent of the real interest rate and labor demand is decreasing in the real interest rate.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Jadwiga9

  • Sr. Member
  • ****
  • Posts: 316
Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

A


sabina

  • Member
  • Posts: 563
Reply 2 on: Jun 30, 2018
Excellent

okolip

  • Member
  • Posts: 362
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

In most climates, 8 to 10 glasses of water per day is recommended for adults. The best indicator for adequate fluid intake is frequent, clear urination.

Did you know?

As the western states of America were settled, pioneers often had to drink rancid water from ponds and other sources. This often resulted in chronic diarrhea, causing many cases of dehydration and death that could have been avoided if clean water had been available.

Did you know?

Inotropic therapy does not have a role in the treatment of most heart failure patients. These drugs can make patients feel and function better but usually do not lengthen the predicted length of their lives.

Did you know?

Congestive heart failure is a serious disorder that carries a reduced life expectancy. Heart failure is usually a chronic illness, and it may worsen with infection or other physical stressors.

Did you know?

Drug-induced pharmacodynamic effects manifested in older adults include drug-induced renal toxicity, which can be a major factor when these adults are experiencing other kidney problems.

Saguaro National Park in Arizona, part of the Sonoran Desert Saguaro National Park in Arizona, part of the Sonoran Desert
Rocky Mountain elk in Yellowstone National Park Rocky Mountain elk in Yellowstone National Park
Gross and fine motor development Gross and fine motor development
On average, students in Roman Catholic schools score higher on national tests than students in ... On average, students in Roman Catholic schools score higher on national tests than students in ...
Excel hardware is introducing a new product on a new product line of capacity 800 units per ... Excel hardware is introducing a new product on a new product line of capacity 800 units per ...
Video: Chemical Messengers Animation

For a complete list of videos, visit our video library