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Author Question: Which adjustment(s) must be made to convert net domestic product to GDP? i. add indirect taxes ii. ... (Read 68 times)

Tirant22

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on: Jun 29, 2018
Which adjustment(s) must be made to convert net domestic product to GDP? i. add indirect taxes ii. subtract subsidies iii. add depreciation
 
  A) i and iii only
  B) i, ii and iii
  C) ii only
  D) iii only
  E) i and ii

Question 2

Beth is participating in an open outcry Dutch auction. Bidding starts at 500, and her maximum williness to pay is 400. The total number of bidders participating in the auction is 4.
 
  Her optimal bid strategy is to buy when the price reaches ________. A) 320
  B) 300
  C) 375
  D) 125


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sylvia

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Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

B


Tirant22

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

Mochi

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Reply 3 on: Yesterday
Excellent

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