« previous next »

Author Question: Which of the following would be included in GDP? a. Production of computers by IBM in Japan b. ... (Read 54 times)

strangeaffliction

  • Hero Member
  • *****
  • Posts: 660
on: Jun 30, 2018
Which of the following would be included in GDP?
 
  a. Production of computers by IBM in Japan
  b. The value of a car.
  c. The commission on the sale of your house.
  d. The value of childcare provided at home by the child's mother.

Question 2

When the representative firm maximizes profits,
 
  A) it sells as much as possible.
  B) the wage equals average labor productivity.
  C) the wage equals marginal labor productivity.
  D) business taxes must be zero.


diesoon

  • Sr. Member
  • ****
  • Posts: 353
Reply #1 on: Jun 30, 2018
Answer to Question 1

C

Answer to Question 2

C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

strangeaffliction

  • Hero Member
  • *****
  • Posts: 660
Reply #2 on: Jun 30, 2018
Thank you :)


diesoon

  • Sr. Member
  • ****
  • Posts: 353
Reply #3 on: Jun 30, 2018
Happy to help you


« previous next »
 

Did you know?

Calcitonin is a naturally occurring hormone. In women who are at least 5 years beyond menopause, it slows bone loss and increases spinal bone density.

Did you know?

To maintain good kidney function, you should drink at least 3 quarts of water daily. Water dilutes urine and helps prevent concentrations of salts and minerals that can lead to kidney stone formation. Chronic dehydration is a major contributor to the development of kidney stones.

Did you know?

As of mid-2016, 18.2 million people were receiving advanced retroviral therapy (ART) worldwide. This represents between 43–50% of the 34–39.8 million people living with HIV.

Did you know?

If you use artificial sweeteners, such as cyclamates, your eyes may be more sensitive to light. Other factors that will make your eyes more sensitive to light include use of antibiotics, oral contraceptives, hypertension medications, diuretics, and antidiabetic medications.

Did you know?

Blood is approximately twice as thick as water because of the cells and other components found in it.

Japanese Macaque washing her sweet potatoes in seawater on Koshima Island, Japan. Japanese Macaque washing her sweet potatoes in seawater on Koshima Island, Japan.
Oil and Natural Gas Production from More Wells in Smaller Areas Oil and Natural Gas Production from More Wells in Smaller Areas
Types of computers (A) Laptop (B) Notebook (C) Desktop (D) Smartphone. Types of computers (A) Laptop (B) Notebook (C) Desktop (D) Smartphone.
Global Coffee Production Global Coffee Production
Fossil fuels production Fossil fuels production
Production of colorless sectors and reversion of the unstable colorless Production of colorless sectors and reversion of the unstable colorless
Video: Krebs cycle : Formation of acetyl coenzyme A and Electron transport chain

For a complete list of videos, visit our video library