« previous next »

Author Question: The government (G) category of gross domestic product (GDP) excludes welfare and other transfer ... (Read 14 times)

biggirl4568

  • Hero Member
  • *****
  • Posts: 551
on: Jun 30, 2018
The government (G) category of gross domestic product (GDP) excludes welfare and other transfer payments.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

The pre-Keynesian or classical economic theory viewed the long-run aggregate supply curve for the economy to be:
 a. horizontal at the full-employment level of real GDP.
  b. positively sloped at the full-employment level of real GDP.
  c. vertical at the full-employment level of real GDP.
  d. backward bending at the full-employment level of real GDP.


Bsand8

  • Sr. Member
  • ****
  • Posts: 327
Reply #1 on: Jun 30, 2018
Answer to Question 1

True

Answer to Question 2

c


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

If you use artificial sweeteners, such as cyclamates, your eyes may be more sensitive to light. Other factors that will make your eyes more sensitive to light include use of antibiotics, oral contraceptives, hypertension medications, diuretics, and antidiabetic medications.

Did you know?

According to the National Institute of Environmental Health Sciences, lung disease is the third leading killer in the United States, responsible for one in seven deaths. It is the leading cause of death among infants under the age of one year.

Did you know?

Always store hazardous household chemicals in their original containers out of reach of children. These include bleach, paint, strippers and products containing turpentine, garden chemicals, oven cleaners, fondue fuels, nail polish, and nail polish remover.

Did you know?

The cure for trichomoniasis is easy as long as the patient does not drink alcoholic beverages for 24 hours. Just a single dose of medication is needed to rid the body of the disease. However, without proper precautions, an individual may contract the disease repeatedly. In fact, most people develop trichomoniasis again within three months of their last treatment.

Did you know?

Though the United States has largely rejected the metric system, it is used for currency, as in 100 pennies = 1 dollar. Previously, the British currency system was used, with measurements such as 12 pence to the shilling, and 20 shillings to the pound.

Transfer of lamda prophage during conjugation can trigger lysis Transfer of lamda prophage during conjugation can trigger lysis
Assisting the patient to transfer from the bed or examining table to a wheelchair. Assisting the patient to transfer from the bed or examining table to a wheelchair.
Find the two integers that have a sum of 20 and a maximum product Find the two integers that have a sum of 20 and a maximum product
A typical lightning bolt may last for 0.167 s and transfer 1.07 x 10 electrons. Calculate the ... A typical lightning bolt may last for 0.167 s and transfer 1.07 x 10 electrons. Calculate the ...
GloFish, marketed as the world’s first GM pet, are a controversial product of genetic engineering GloFish, marketed as the world’s first GM pet, are a controversial product of genetic engineering
The processing of ribosomal and transfer RNA The processing of ribosomal and transfer RNA
Video: Bone tissue types - compact and spongy

For a complete list of videos, visit our video library