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

Author Question: Which of the following allows an economist to conclude that the welfare or happiness of society as a ... (Read 53 times)

Pineappleeh

  • Hero Member
  • *****
  • Posts: 585
on: Jun 29, 2018
Which of the following allows an economist to conclude that the welfare or happiness of society as a whole is clearly increasing?
 
  A) A decrease in nominal GDP
  B) A decrease in real GDP
  C) An increase in nominal GDP
  D) An increase in real GDP
  E) None of the above.

Question 2

Which of the following accurately measures the welfare or happiness of society?
 
  A) Nominal GDP
  B) Real GDP
  C) Both Nominal GDP and Real GDP
  D) None of the above.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

nguyenhoanhat

  • Sr. Member
  • ****
  • Posts: 332
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

D


Pineappleeh

  • Member
  • Posts: 585
Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

juliaf

  • Member
  • Posts: 344
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Hypertension is a silent killer because it is deadly and has no significant early symptoms. The danger from hypertension is the extra load on the heart, which can lead to hypertensive heart disease and kidney damage. This occurs without any major symptoms until the high blood pressure becomes extreme. Regular blood pressure checks are an important method of catching hypertension before it can kill you.

Did you know?

Most women experience menopause in their 50s. However, in 1994, an Italian woman gave birth to a baby boy when she was 61 years old.

Did you know?

Certain topical medications such as clotrimazole and betamethasone are not approved for use in children younger than 12 years of age. They must be used very cautiously, as directed by a doctor, to treat any child. Children have a much greater response to topical steroid medications.

Did you know?

The largest baby ever born weighed more than 23 pounds but died just 11 hours after his birth in 1879. The largest surviving baby was born in October 2009 in Sumatra, Indonesia, and weighed an astounding 19.2 pounds at birth.

Did you know?

An identified risk factor for osteoporosis is the intake of excessive amounts of vitamin A. Dietary intake of approximately double the recommended daily amount of vitamin A, by women, has been shown to reduce bone mineral density and increase the chances for hip fractures compared with women who consumed the recommended daily amount (or less) of vitamin A.

From paintings, such as this one of Sir Walter Raleigh from 1602, some historians conclude that ... From paintings, such as this one of Sir Walter Raleigh from 1602, some historians conclude that ...
This mural depicts the history of Mexico and its struggles to create a just society in the face of ... This mural depicts the history of Mexico and its struggles to create a just society in the face of ...
A society’s dominant ideologies are reinforced throughout the society, including its literature. ... A society’s dominant ideologies are reinforced throughout the society, including its literature. ...
Relationship between Income and Happiness in the United States Relationship between Income and Happiness in the United States
Society: The Basics Society: The Basics
Society: Myths and Realities, An Introduction to Sociology Society: Myths and Realities, An Introduction to Sociology
Video: Integumentary Anatomy

For a complete list of videos, visit our video library