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Author Question: Which of the following would be included in this year's gross domestic product (GDP)? a. One ... (Read 52 times)

jparksx

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on: Jun 30, 2018
Which of the following would be included in this year's gross domestic product (GDP)?
 a. One hundred shares of IBM stock that Tony sold this May
 b. A used car that Tracey sold to Justin
 c. George's purchase of a fishing rod and reel at a garage sale
 d. Sharon giving Dennis 20 as a reward for finding her ring
 e. A bucket of Kentucky Fried Chicken that Kate bought this July

Question 2

A union may attempt to obtain stricter certification requirements or longer apprenticeships. These changes would raise workers' wages because they:
 a. create unnecessary unemployment.
  b. shift in labor supply curve leftward.
  c. decrease the marginal product of labor.
  d. reduce management's use of featherbedding.


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gstein359

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Reply #1 on: Jun 30, 2018
Answer to Question 1

e

Answer to Question 2

b


jparksx

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

tkempin

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Reply 3 on: Yesterday
Wow, this really help

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