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

Author Question: Because of transactions which take place in the underground economy, the: a. GDP calculation tends ... (Read 25 times)

LaDunn

  • Hero Member
  • *****
  • Posts: 526
on: Jun 30, 2018
Because of transactions which take place in the underground economy, the:
 a. GDP calculation tends to overstate the actual value of goods sold in the economy.
  b. GDP calculation tends to accurately portray the value of goods sold in the economy.
  c. GDP calculation tends to understate the actual value of goods sold in the economy.
  d. value of the GDP calculation will be equal to the value of the national income calculation.
  e. value of the GDP calculation through the expenditure approach will be greater then the value calculated through the income approach.

Question 2

The real balances effect is the impact on real GDP caused by the ____ relationship between the price level and the real value of financial assets.
 a. direct
  b. inverse
  c. independent
  d. linear


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

mcinincha279

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

c

Answer to Question 2

b


LaDunn

  • Member
  • Posts: 526
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

Joy Chen

  • Member
  • Posts: 354
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

Vital signs (blood pressure, temperature, pulse rate, respiration rate) should be taken before any drug administration. Patients should be informed not to use tobacco or caffeine at least 30 minutes before their appointment.

Did you know?

Anti-aging claims should not ever be believed. There is no supplement, medication, or any other substance that has been proven to slow or stop the aging process.

Did you know?

Anesthesia awareness is a potentially disturbing adverse effect wherein patients who have been paralyzed with muscle relaxants may awaken. They may be aware of their surroundings but unable to communicate or move. Neurologic monitoring equipment that helps to more closely check the patient's anesthesia stages is now available to avoid the occurrence of anesthesia awareness.

Did you know?

As many as 28% of hospitalized patients requiring mechanical ventilators to help them breathe (for more than 48 hours) will develop ventilator-associated pneumonia. Current therapy involves intravenous antibiotics, but new antibiotics that can be inhaled (and more directly treat the infection) are being developed.

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.

Filter in the vena cava prevents an embolus from traveling to the heart, lungs, or brain; A, Greenfi Filter in the vena cava prevents an embolus from traveling to the heart, lungs, or brain; A, Greenfi
If raising a vehicle without a frame, place the flat pads under the pinch weld seam to spread the ... If raising a vehicle without a frame, place the flat pads under the pinch weld seam to spread the ...
Japan’s Economy and Society Japan’s Economy and Society
Mobilize shoulders with “cat paw” technique. Place a hand on each shoulder to establish contact. ... Mobilize shoulders with “cat paw” technique. Place a hand on each shoulder to establish contact. ...
Rhythmic compression to shoulders. Stand at the head and place one hand on each shoulder. Gently ... Rhythmic compression to shoulders. Stand at the head and place one hand on each shoulder. Gently ...
A Tough Economy ...for students A Tough Economy ...for students
Video: Acid-base imbalances - metabolic acidosis and alkalosis

For a complete list of videos, visit our video library