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Author Question: Gross domestic product (GDP) understates total economic activity because it ignores household ... (Read 27 times)

laurencescou

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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


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djofnc

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

True

Answer to Question 2

True


laurencescou

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

mcarey591

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Reply 3 on: Yesterday
Wow, this really help

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