Author Question: GDP per capita is a relatively good measurement of: a. the distribution of income. b. purchasing ... (Read 49 times)

berenicecastro

  • Hero Member
  • *****
  • Posts: 581
GDP per capita is a relatively good measurement of:
 a. the distribution of income. b. purchasing power.
  c. household production. d. the standard of living.

Question 2

In the aggregate expenditures model, if an economy operates below equilibrium GDP, there will be unplanned inventory accumulation.
 a. True
  b. False
  Indicate whether the statement is true or false



Sierray

  • Sr. Member
  • ****
  • Posts: 343
Answer to Question 1

d

Answer to Question 2

False



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Prostaglandins were first isolated from human semen in Sweden in the 1930s. They were so named because the researcher thought that they came from the prostate gland. In fact, prostaglandins exist and are synthesized in almost every cell of the body.

Did you know?

Your chance of developing a kidney stone is 1 in 10. In recent years, approximately 3.7 million people in the United States were diagnosed with a kidney disease.

Did you know?

A recent study has found that following a diet rich in berries may slow down the aging process of the brain. This diet apparently helps to keep dopamine levels much higher than are seen in normal individuals who do not eat berries as a regular part of their diet as they enter their later years.

Did you know?

Although puberty usually occurs in the early teenage years, the world's youngest parents were two Chinese children who had their first baby when they were 8 and 9 years of age.

Did you know?

By definition, when a medication is administered intravenously, its bioavailability is 100%.

For a complete list of videos, visit our video library