« previous next »

Author Question: GDP measures underestimate the value of output produced by an economy because they include services ... (Read 44 times)

folubunmi

  • Hero Member
  • *****
  • Posts: 524
on: Jun 30, 2018
GDP measures underestimate the value of output produced by an economy because they include services not transferred through markets.
 
  Indicate whether the statement is true or false

Question 2

Which economic question depends on the incomes that people earn and the prices they pay for goods and services?
 
  A) Why? B) How? C) For whom? D) What? E) Where?
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
Buy Test-Bank


Jadwiga9

  • Sr. Member
  • ****
  • Posts: 316
Reply #1 on: Jun 30, 2018
Answer to Question 1

FALSE

Answer to Question 2

C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

The Centers for Disease Control and Prevention (CDC) was originally known as the Communicable Disease Center, which was formed to fight malaria. It was originally headquartered in Atlanta, Georgia, since the Southern states faced the worst threat from malaria.

Did you know?

Disorders that may affect pharmacodynamics include genetic mutations, malnutrition, thyrotoxicosis, myasthenia gravis, Parkinson's disease, and certain forms of insulin-resistant diabetes mellitus.

Did you know?

The highest suicide rate in the United States is among people ages 65 years and older. Almost 15% of people in this age group commit suicide every year.

Did you know?

Cucumber slices relieve headaches by tightening blood vessels, reducing blood flow to the area, and relieving pressure.

Did you know?

For about 100 years, scientists thought that peptic ulcers were caused by stress, spicy food, and alcohol. Later, researchers added stomach acid to the list of causes and began treating ulcers with antacids. Now it is known that peptic ulcers are predominantly caused by Helicobacter pylori, a spiral-shaped bacterium that normally exist in the stomach.

Adults in the middle-aged group (37–42 years) score higher on measures of generativity than either ... Adults in the middle-aged group (37–42 years) score higher on measures of generativity than either ...
A mini clamp-on digital multimeter can be used to measure alternator output and unwanted AC current ... A mini clamp-on digital multimeter can be used to measure alternator output and unwanted AC current ...
A typical output driver. In this case, the PCM applies voltage to the fuel pump relay coil to ... A typical output driver. In this case, the PCM applies voltage to the fuel pump relay coil to ...
Ecosystem goods and services and monetary values Ecosystem goods and services and monetary values
TASTE: More Matters: Include Fruit and Vegetables in Meals and Snacks TASTE: More Matters: Include Fruit and Vegetables in Meals and Snacks
Laboratory-Produced Protocells Laboratory-Produced Protocells
Video: Homologous chromosomes during prophase I - Animation

For a complete list of videos, visit our video library