Author Question: People acting in their own self interest is the basis of the A) principle of voluntary exchange. ... (Read 68 times)

sammy

  • Hero Member
  • *****
  • Posts: 818
People acting in their own self interest is the basis of the
 
  A) principle of voluntary exchange. B) principle of scarcity.
  C) real-nominal principle. D) principle of supply and demand.

Question 2

GDP calculations tend to exclude all of the following EXCEPT
 
  A) environmental quality.
  B) salaries paid to government employees.
  C) illegal transactions.
  D) work that people do for themselves in their own homes.



recede

  • Sr. Member
  • ****
  • Posts: 315
Answer to Question 1

A

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Pregnant women usually experience a heightened sense of smell beginning late in the first trimester. Some experts call this the body's way of protecting a pregnant woman from foods that are unsafe for the fetus.

Did you know?

If all the neurons in the human body were lined up, they would stretch more than 600 miles.

Did you know?

Carbamazepine can interfere with the results of home pregnancy tests. If you are taking carbamazepine, do not try to test for pregnancy at home.

Did you know?

The most destructive flu epidemic of all times in recorded history occurred in 1918, with approximately 20 million deaths worldwide.

Did you know?

Asthma occurs in one in 11 children and in one in 12 adults. African Americans and Latinos have a higher risk for developing asthma than other groups.

For a complete list of videos, visit our video library