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

Author Question: The gross domestic product (GDP) excludes: a. the value of a new building. b. the value of new ... (Read 37 times)

Mollykgkg

  • Hero Member
  • *****
  • Posts: 529
on: Jun 30, 2018
The gross domestic product (GDP) excludes:
 a. the value of a new building.
 b. the value of new stocks and shares.
 c. the cost of a new vending machine.
 d. government expenditure on a new bridge.
 e. the money spent on the purchase of legal services by a household.

Question 2

In a competitive labor market, the change in total labor costs divided by the change in labor is always equal to:
 a. one.
  b. the wage rate.
  c. the number of firms in the market.
  d. the change in total revenue.
  e. the competitive market price of the output.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Heffejeff

  • Sr. Member
  • ****
  • Posts: 336
Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

b


Mollykgkg

  • Member
  • Posts: 529
Reply 2 on: Jun 30, 2018
Gracias!

ricroger

  • Member
  • Posts: 352
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

Although not all of the following muscle groups are commonly used, intramuscular injections may be given into the abdominals, biceps, calves, deltoids, gluteals, laterals, pectorals, quadriceps, trapezoids, and triceps.

Did you know?

More than 30% of American adults, and about 12% of children utilize health care approaches that were developed outside of conventional medicine.

Did you know?

The most common treatment options for addiction include psychotherapy, support groups, and individual counseling.

Did you know?

Amoebae are the simplest type of protozoans, and are characterized by a feeding and dividing trophozoite stage that moves by temporary extensions called pseudopodia or false feet.

Did you know?

The most destructive flu epidemic of all times in recorded history occurred in 1918, with approximately 20 million deaths worldwide.

Renzo Piano Building Workshop, International departures lounge, Kansai International Airport, Osaka, ... Renzo Piano Building Workshop, International departures lounge, Kansai International Airport, Osaka, ...
The human eye, a product of 600 million years of evolution (Lamb, Collin, & Pugh, 2007). The human eye, a product of 600 million years of evolution (Lamb, Collin, & Pugh, 2007).
PV cells have potential for domestic and commercial use PV cells have potential for domestic and commercial use
Importance of Considering Gestalt Principles in Product Design Importance of Considering Gestalt Principles in Product Design
Find the derivative using the product rule Find the derivative using the product rule
Polyps of a reef-building coral Polyps of a reef-building coral
Video: EpiPen Animation (Part 2)

For a complete list of videos, visit our video library