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

Author Question: The gross domestic product (GDP) of a country measures the _____. a. market value of all ... (Read 16 times)

dmcintosh

  • Hero Member
  • *****
  • Posts: 517
on: Jun 30, 2018
The gross domestic product (GDP) of a country measures the _____.
 a. market value of all intermediate goods and services produced by resources located within the country
  b. market value of all goods and services produced by resources located outside the country
 c. market value of all final goods and services produced by resources located within the country
 d. value added to the economy by intermediate goods and services minus original cost
 e. value of the total sales of financial assets

Question 2

Which of the following statements concerning the supply of labor is true?
 a. The supply of labor is determined by the prevailing wage rate.
  b. The labor supply curve is downward sloping.
  c. The wage rate has no effect on the supply of labor.
  d. None of these.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

jaykayy05

  • Sr. Member
  • ****
  • Posts: 329
Reply #1 on: Jun 30, 2018
Answer to Question 1

a

Answer to Question 2

d


dmcintosh

  • Member
  • Posts: 517
Reply 2 on: Jun 30, 2018
Wow, this really help

steff9894

  • Member
  • Posts: 337
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Automated pill dispensing systems have alarms to alert patients when the correct dosing time has arrived. Most systems work with many varieties of medications, so patients who are taking a variety of drugs can still be in control of their dose regimen.

Did you know?

Approximately 15–25% of recognized pregnancies end in miscarriage. However, many miscarriages often occur before a woman even knows she is pregnant.

Did you know?

Women are 50% to 75% more likely than men to experience an adverse drug reaction.

Did you know?

A recent study has found that following a diet rich in berries may slow down the aging process of the brain. This diet apparently helps to keep dopamine levels much higher than are seen in normal individuals who do not eat berries as a regular part of their diet as they enter their later years.

Did you know?

In the United States, an estimated 50 million unnecessary antibiotics are prescribed for viral respiratory infections.

Gross anatomy of the male reproductive organs Gross anatomy of the male reproductive organs
Product Rule Product Rule
To find the derivative use product rule To find the derivative use product rule
Stock Market Tracks Growth in GDP Stock Market Tracks Growth in GDP
A concrete wall of a cold storage room measures 3.0 m high, 5.0 m wide, and 20 cm thick. The ... A concrete wall of a cold storage room measures 3.0 m high, 5.0 m wide, and 20 cm thick. The ...
Markets and Institutions Market Story Problem Markets and Institutions Market Story Problem
Video: Pneumonia Animation

For a complete list of videos, visit our video library