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

Author Question: We know the following about a tie manufacturer: tie sales 1,300, cotton purchases 750, wages 400, ... (Read 57 times)

asan beg

  • Hero Member
  • *****
  • Posts: 570
on: Jun 30, 2018
We know the following about a tie manufacturer: tie sales 1,300, cotton purchases 750, wages 400, interest on business loans 100, and profits 50. What is the contribution to GDP of this producer using the income approach?
 
  A) 550
  B) 500
  C) 450
  D) 400

Question 2

The substitution effect that occurs when interest rates change involves a change in consumption that develops from ________.
 
  A) a change in the general level of prices
  B) a period of increasing productivity
  C) a change in the level of income
  D) a change in the relative prices of consumption in the two periods


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

ktidd

  • Sr. Member
  • ****
  • Posts: 319
Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

D


asan beg

  • Member
  • Posts: 570
Reply 2 on: Jun 30, 2018
Wow, this really help

JaynaD87

  • Member
  • Posts: 368
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Vaccines prevent between 2.5 and 4 million deaths every year.

Did you know?

Certain topical medications such as clotrimazole and betamethasone are not approved for use in children younger than 12 years of age. They must be used very cautiously, as directed by a doctor, to treat any child. Children have a much greater response to topical steroid medications.

Did you know?

The term pharmacology is derived from the Greek words pharmakon("claim, medicine, poison, or remedy") and logos ("study").

Did you know?

Atropine was named after the Greek goddess Atropos, the oldest and ugliest of the three sisters known as the Fates, who controlled the destiny of men.

Did you know?

In the United States, congenital cytomegalovirus causes one child to become disabled almost every hour. CMV is the leading preventable viral cause of development disability in newborns. These disabilities include hearing or vision loss, and cerebral palsy.

The cotton-top tamarin (Saguinus oedipus), also known as the Pinche tamarin, is a small New W The cotton-top tamarin (Saguinus oedipus), also known as the Pinche tamarin, is a small New W
Wheat and Cotton Prices and Consumer Price Indexes, 1865–1896 Wheat and Cotton Prices and Consumer Price Indexes, 1865–1896
Effect of Education on Wages Effect of Education on Wages
Share of Human Capital in Wages in Developing Countries Share of Human Capital in Wages in Developing Countries
Sterile cotton balls Sterile cotton balls
A manufacturer of cat towers wishes to locate a super assembly facility to meet their cat tower ... A manufacturer of cat towers wishes to locate a super assembly facility to meet their cat tower ...
Video: Cardiac Cycle (Part 4 of 4)

For a complete list of videos, visit our video library