« previous next »

Author Question: If the underground economy is sizable, then GDP will: a. understate the economy's performance. b. ... (Read 75 times)

chandani

  • Hero Member
  • *****
  • Posts: 541
on: Jun 30, 2018
If the underground economy is sizable, then GDP will:
 a. understate the economy's performance.
  b. overstate the economy's performance.
  c. fluctuate unpredictably.
  d. accurately reflect this subterranean activity.

Question 2

The real balances effect occurs because a higher price level will reduce the real value of people's:
 a. financial assets.
  b. wages.
  c. unpaid debt.
  d. physical investments.


Jevvish

  • Sr. Member
  • ****
  • Posts: 326
Reply #1 on: Jun 30, 2018
Answer to Question 1

a

Answer to Question 2

a


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Approximately one in three babies in the United States is now delivered by cesarean section. The number of cesarean sections in the United States has risen 46% since 1996.

Did you know?

Only 12 hours after an egg cell is fertilized by a sperm cell, the egg cell starts to divide. As it continues to divide, it moves along the fallopian tube toward the uterus at about 1 inch per day.

Did you know?

Long-term mental and physical effects from substance abuse include: paranoia, psychosis, immune deficiencies, and organ damage.

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?

The U.S. Pharmacopeia Medication Errors Reporting Program states that approximately 50% of all medication errors involve insulin.

Cade and colleagues discovered a way to improve athletic performance and prevent salt and water imba Cade and colleagues discovered a way to improve athletic performance and prevent salt and water imba
International Performance in Reading, Math, and Science, Eight Grade International Performance in Reading, Math, and Science, Eight Grade
Which do you think is most at work in a debate contest, mastery- or performance-goal orientations or ... Which do you think is most at work in a debate contest, mastery- or performance-goal orientations or ...
Links to the World Economy Links to the World Economy
A Tough Economy ...for students A Tough Economy ...for students
Automotive Engine Performance, 5th Edition Automotive Engine Performance, 5th Edition
Video: Segmentation and migrating motility complexes & Gastroileal reflex

For a complete list of videos, visit our video library