This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Assume that gross national product amounts to 4300.5 billion, depreciation is 550.1 billion, and ... (Read 71 times)

sabina

  • Hero Member
  • *****
  • Posts: 563
on: Jun 30, 2018
Assume that gross national product amounts to 4300.5 billion, depreciation is 550.1 billion, and indirect taxes are 399.3 billion. Then, net national product amounts to
 
  a. 3351.1 billion.
  b. 4549.8 billion.
  c. 3851.2 billion.
  d. 3750.4 billion.

Question 2

When drawn against the real interest rate, the output supply curve is upward sloping because labor supply is
 
  A) increasing in the real interest rate and labor demand is independent of the real interest rate.
  B) decreasing in the real interest rate and labor demand is independent of the real interest rate.
  C) independent of the real interest rate and labor demand is increasing in the real interest rate.
  D) independent of the real interest rate and labor demand is decreasing in the real interest rate.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Jadwiga9

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

D

Answer to Question 2

A


sabina

  • Member
  • Posts: 563
Reply 2 on: Jun 30, 2018
Wow, this really help

cdmart10

  • Member
  • Posts: 332
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Oxytocin is recommended only for pregnancies that have a medical reason for inducing labor (such as eclampsia) and is not recommended for elective procedures or for making the birthing process more convenient.

Did you know?

The oldest recorded age was 122. Madame Jeanne Calment was born in France in 1875 and died in 1997. She was a vegetarian and loved olive oil, port wine, and chocolate.

Did you know?

Eating carrots will improve your eyesight. Carrots are high in vitamin A (retinol), which is essential for good vision. It can also be found in milk, cheese, egg yolks, and liver.

Did you know?

About 60% of newborn infants in the United States are jaundiced; that is, they look yellow. Kernicterus is a form of brain damage caused by excessive jaundice. When babies begin to be affected by excessive jaundice and begin to have brain damage, they become excessively lethargic.

Did you know?

More than 34,000 trademarked medication names and more than 10,000 generic medication names are in use in the United States.

Rain forest in Pacific Rim National Park, Vancouver Island, British Columbia Rain forest in Pacific Rim National Park, Vancouver Island, British Columbia
Spotted hyenas greeting one another in Kruger National Park Spotted hyenas greeting one another in Kruger National Park
Gross pay calculation. Gross pay calculation.
Excel hardware is introducing a new product on a new product line of capacity 800 units per ... Excel hardware is introducing a new product on a new product line of capacity 800 units per ...
There are four hospitals (consumers in this example) willing to pay the following amounts for a ... There are four hospitals (consumers in this example) willing to pay the following amounts for a ...
Video: Gas exchange - partial pressure, locations, external and internal respiration

For a complete list of videos, visit our video library