Author Question: The expenditure approach to measuring GDP is done by using data on only A) consumption ... (Read 98 times)

appyboo

  • Hero Member
  • *****
  • Posts: 527
The expenditure approach to measuring GDP is done by using data on only
 
  A) consumption expenditure.
  B) consumption expenditure and investment.
  C) consumption expenditure, investment, government expenditure on goods and services, and net exports of goods and services.
  D) consumption expenditure, investment, and government expenditures.
  E) wages, rent, interest, and profit.

Question 2

If there is a decrease in the price of the final good that an industry produces, the labor demand curve in the industry is likely to:
 
  A) shift to the left.
  B) shift to the right.
  C) become vertical.
  D) become horizontal.



Dnite

  • Sr. Member
  • ****
  • Posts: 297
Answer to Question 1

C

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Drying your hands with a paper towel will reduce the bacterial count on your hands by 45–60%.

Did you know?

The liver is the only organ that has the ability to regenerate itself after certain types of damage. As much as 25% of the liver can be removed, and it will still regenerate back to its original shape and size. However, the liver cannot regenerate after severe damage caused by alcohol.

Did you know?

Walt Disney helped combat malaria by making an animated film in 1943 called The Winged Scourge. This short film starred the seven dwarfs and taught children that mosquitos transmit malaria, which is a very bad disease. It advocated the killing of mosquitos to stop the disease.

Did you know?

More than 2,500 barbiturates have been synthesized. At the height of their popularity, about 50 were marketed for human use.

Did you know?

Asthma-like symptoms were first recorded about 3,500 years ago in Egypt. The first manuscript specifically written about asthma was in the year 1190, describing a condition characterized by sudden breathlessness. The treatments listed in this manuscript include chicken soup, herbs, and sexual abstinence.

For a complete list of videos, visit our video library