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Author Question: GDP overstates the productive capacity of a country when: a. economic bads like pollution are ... (Read 185 times)

clippers!

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on: Jun 30, 2018
GDP overstates the productive capacity of a country when:
 a. economic bads like pollution are produced and then must be cleaned up.
  b. there is a sizable underground economy.
  c. nonmarket production represents a large portion of the economy.
  d. working conditions improve, allowing jobs to be completed safer and faster.

Question 2

When the price level falls, the total quantities of goods and services demanded:
 a. decreases.
  b. stays the same.
  c. increases.
  d. increases and then decreases.
  e. decreases and then increases.


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heyhey123

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Reply #1 on: Jun 30, 2018
Answer to Question 1

a

Answer to Question 2

c


clippers!

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Reply 2 on: Jun 30, 2018
:D TYSM

T4T

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Reply 3 on: Yesterday
Excellent

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