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 80 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!

sultansheikh

  • Member
  • Posts: 335
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

There used to be a metric calendar, as well as metric clocks. The metric calendar, or "French Republican Calendar" divided the year into 12 months, but each month was divided into three 10-day weeks. Each day had 10 decimal hours. Each hour had 100 decimal minutes. Due to lack of popularity, the metric clocks and calendars were ended in 1795, three years after they had been first marketed.

Did you know?

Warfarin was developed as a consequence of the study of a strange bleeding disorder that suddenly occurred in cattle on the northern prairies of the United States in the early 1900s.

Did you know?

Famous people who died from poisoning or drug overdose include, Adolf Hitler, Socrates, Juan Ponce de Leon, Marilyn Monroe, Judy Garland, and John Belushi.

Did you know?

It is believed that humans initially contracted crabs from gorillas about 3 million years ago from either sleeping in gorilla nests or eating the apes.

Did you know?

If all the neurons in the human body were lined up, they would stretch more than 600 miles.

A domestic Muscovy Duck with wings outstretched A domestic Muscovy Duck with wings outstretched
Gross food? Or an American MASTERPIECE? Gross food? Or an American MASTERPIECE?
Milestones of Gross Motor Development in Toddlerhood Milestones of Gross Motor Development in Toddlerhood
Teresa Hubbard and Alexander Birchler, Detached Building. Teresa Hubbard and Alexander Birchler, Detached Building.
Product Rule Product Rule
Remote satellite monitoring of gross primary productivity across the United States. The differences Remote satellite monitoring of gross primary productivity across the United States. The differences
Video: Properties of macromolecules (Explained with No Audio)

For a complete list of videos, visit our video library