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

Author Question: Gross domestic product (GDP) understates total economic activity because it ignores household ... (Read 45 times)

laurencescou

  • Hero Member
  • *****
  • Posts: 593
on: Jun 30, 2018
Gross domestic product (GDP) understates total economic activity because it ignores household production of goods and services.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

It has been estimated that the marginal propensity to consume out of tax rebate money is around 1/3.
 a. True
  b. False
  Indicate whether the statement is true or false


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

djofnc

  • Sr. Member
  • ****
  • Posts: 318
Reply #1 on: Jun 30, 2018
Answer to Question 1

True

Answer to Question 2

True


laurencescou

  • Member
  • Posts: 593
Reply 2 on: Jun 30, 2018
Gracias!

Liamb2179

  • Member
  • Posts: 365
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Fatal fungal infections may be able to resist newer antifungal drugs. Globally, fungal infections are often fatal due to the lack of access to multiple antifungals, which may be required to be utilized in combination. Single antifungals may not be enough to stop a fungal infection from causing the death of a patient.

Did you know?

Symptoms of kidney problems include a loss of appetite, back pain (which may be sudden and intense), chills, abdominal pain, fluid retention, nausea, the urge to urinate, vomiting, and fever.

Did you know?

Human stomach acid is strong enough to dissolve small pieces of metal such as razor blades or staples.

Did you know?

Cutaneous mucormycosis is a rare fungal infection that has been fatal in at least 29% of cases, and in as many as 83% of cases, depending on the patient's health prior to infection. It has occurred often after natural disasters such as tornados, and early treatment is essential.

Did you know?

Illicit drug use costs the United States approximately $181 billion every year.

Brain activity varies by culture Brain activity varies by culture
Fragile and tenuous atmosphere that is vulnerable to the impacts of human activity Fragile and tenuous atmosphere that is vulnerable to the impacts of human activity
Income per Capita versus Total Fertility Rate Income per Capita versus Total Fertility Rate
economic question economic question
economic question economic question
Nitin earns $48,000 per year. Determine his gross earnings for each pay period if he is paid ... Nitin earns $48,000 per year. Determine his gross earnings for each pay period if he is paid ...
Video: Multiple Sclerosis Animation

For a complete list of videos, visit our video library