« previous next »

Author Question: Which of the following is a shortcoming of GDP? a. GDP excludes changes in inventories. b. GDP ... (Read 34 times)

brutforce

  • Hero Member
  • *****
  • Posts: 540
on: Jun 30, 2018
Which of the following is a shortcoming of GDP?
 a. GDP excludes changes in inventories.
  b. GDP includes an estimate of illegal transactions.
  c. GDP excludes nonmarket transactions.
  d. GDP excludes business investment spending.

Question 2

Which of the following is true, other things equal?
 a. A reduction in prices will increase the real wealth of those holding a fixed quantity of money.
  b. A reduction in prices will lead to a decline in net exports.
  c. A reduction in prices will increase the scarcity of money, raise the real interest rate, and, thereby, encourage investment and consumption.
  d. A reduction in prices will increase profit margins and, thereby, stimulate additional investment.


aruss1303

  • Sr. Member
  • ****
  • Posts: 314
Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

a


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

In the ancient and medieval periods, dysentery killed about ? of all babies before they reach 12 months of age. The disease was transferred through contaminated drinking water, because there was no way to adequately dispose of sewage, which contaminated the water.

Did you know?

There are 20 feet of blood vessels in each square inch of human skin.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates’s recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

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.

Did you know?

Approximately one in three babies in the United States is now delivered by cesarean section. The number of cesarean sections in the United States has risen 46% since 1996.

Video: System organization - PPM system types (Somatic, Autonomic & Enteric) and Reflex arc types

For a complete list of videos, visit our video library