This topic contains a solution. Click here to go to the answer

Author Question: The value added at all stages of production sums to the market value of the final good, and the ... (Read 56 times)

Pea0909berry

  • Hero Member
  • *****
  • Posts: 573
The value added at all stages of production sums to the market value of the final good, and the value added for all final goods sums to GDP based on the income approach.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

The unemployment problem becomes more severe if prices are sticky downward.
 a. True
  b. False
  Indicate whether the statement is true or false



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

TDubDCFL

  • Sr. Member
  • ****
  • Posts: 357
Answer to Question 1

True

Answer to Question 2

True




TDubDCFL

  • Sr. Member
  • ****
  • Posts: 357

 

Did you know?

On average, the stomach produces 2 L of hydrochloric acid per day.

Did you know?

Pubic lice (crabs) are usually spread through sexual contact. You cannot catch them by using a public toilet.

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?

Fatal fungal infections may be able to resist newer antifungal drugs. Globally, fungal infections are often fatal due to the lack of access to multiple antifungals, which may be required to be utilized in combination. Single antifungals may not be enough to stop a fungal infection from causing the death of a patient.

Did you know?

A seasonal flu vaccine is the best way to reduce the chances you will get seasonal influenza and spread it to others.

For a complete list of videos, visit our video library