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

Author Question: If the nominal gross domestic product (GDP) for the year 2000 was 6.2 trillion and the price index ... (Read 19 times)

altibaby

  • Hero Member
  • *****
  • Posts: 562
on: Jun 30, 2018
If the nominal gross domestic product (GDP) for the year 2000 was 6.2 trillion and the price index was 200, the real gross domestic product (GDP) for 2000 was _____.
 a. 3.1 trillion
 b. 6.2 trillion
 c. 12.4 trillion
  d. 18.6 trillion
  e. 24.3 trillion

Question 2

Marginal revenue product of labor measures the extra revenue generated to the firm from the employment of an additional worker.
 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

ecabral0

  • Sr. Member
  • ****
  • Posts: 310
Reply #1 on: Jun 30, 2018
Answer to Question 1

a

Answer to Question 2

True


altibaby

  • Member
  • Posts: 562
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

TheNamesImani

  • Member
  • Posts: 334
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Chronic marijuana use can damage the white blood cells and reduce the immune system's ability to respond to disease by as much as 40%. Without a strong immune system, the body is vulnerable to all kinds of degenerative and infectious diseases.

Did you know?

The tallest man ever known was Robert Wadlow, an American, who reached the height of 8 feet 11 inches. He died at age 26 years from an infection caused by the immense weight of his body (491 pounds) and the stress on his leg bones and muscles.

Did you know?

In 1886, William Bates reported on the discovery of a substance produced by the adrenal gland that turned out to be epinephrine (adrenaline). In 1904, this drug was first artificially synthesized by Friedrich Stolz.

Did you know?

Looking at the sun may not only cause headache and distort your vision temporarily, but it can also cause permanent eye damage. Any exposure to sunlight adds to the cumulative effects of ultraviolet (UV) radiation on your eyes. UV exposure has been linked to eye disorders such as macular degeneration, solar retinitis, and corneal dystrophies.

Did you know?

All patients with hyperparathyroidism will develop osteoporosis. The parathyroid glands maintain blood calcium within the normal range. All patients with this disease will continue to lose calcium from their bones every day, and there is no way to prevent the development of osteoporosis as a result.

Changes in boreal forest composition along a chronosequence in Quebec. Dates refer to the year of th Changes in boreal forest composition along a chronosequence in Quebec. Dates refer to the year of th
Chinese workers on a railway in the far West. “Without them,” Leland Stanford, president of the Cent Chinese workers on a railway in the far West. “Without them,” Leland Stanford, president of the Cent
In The Gross Clinic (1875), by Thomas Eakins, Professor Samuel Gross’s team of surgeons cuts through In The Gross Clinic (1875), by Thomas Eakins, Professor Samuel Gross’s team of surgeons cuts through
Infant: 4 weeks to 1 year. Infant: 4 weeks to 1 year.
NCC MERP Index for categorizing medication errors algorithm. NCC MERP Index for categorizing medication errors algorithm.
Hospitalization per year Hospitalization per year
Video: B cells and antibodies

For a complete list of videos, visit our video library