« previous next »

Author Question: The chain-weighted output index method of measuring real GDP is based on A) using current prices ... (Read 63 times)

karlynnae

  • Hero Member
  • *****
  • Posts: 599
on: Jun 29, 2018
The chain-weighted output index method of measuring real GDP is based on
 
  A) using current prices rather than base year prices.
  B) averaging the market value of the expenditures over a two year period and then comparing with a base period.
  C) using the prices of two adjacent years to calculate the growth rate of real GDP.
  D) averaging the nominal and real measures of GDP to come up with a more accurate figure.

Question 2

Patents encourage invention by
 
  A) offering subsidies to inventors.
  B) offering tax breaks to inventors.
  C) allowing patent owners to make an economic profit.
  D) preventing inventors from working on the same project.


asdfghjkl;

  • Sr. Member
  • ****
  • Posts: 323
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

In the United States, congenital cytomegalovirus causes one child to become disabled almost every hour. CMV is the leading preventable viral cause of development disability in newborns. These disabilities include hearing or vision loss, and cerebral palsy.

Did you know?

The Centers for Disease Control and Prevention has released reports detailing the deaths of infants (younger than 1 year of age) who died after being given cold and cough medications. This underscores the importance of educating parents that children younger than 2 years of age should never be given over-the-counter cold and cough medications without consulting their physicians.

Did you know?

The familiar sounds of your heart are made by the heart's valves as they open and close.

Did you know?

About 80% of major fungal systemic infections are due to Candida albicans. Another form, Candida peritonitis, occurs most often in postoperative patients. A rare disease, Candida meningitis, may follow leukemia, kidney transplant, other immunosuppressed factors, or when suffering from Candida septicemia.

Did you know?

Asthma cases in Americans are about 75% higher today than they were in 1980.

Hand Washing Using an Alcohol-Based Rub Hand Washing Using an Alcohol-Based Rub
Pap smear. Cells of the cervix (shown in the center) change in appearance as they progress through Pap smear. Cells of the cervix (shown in the center) change in appearance as they progress through
Wheat and Cotton Prices and Consumer Price Indexes, 1865–1896 Wheat and Cotton Prices and Consumer Price Indexes, 1865–1896
Co-current flow in a concentric tube heat exchanger Co-current flow in a concentric tube heat exchanger
A mobile weather station that can be used to gather current weather data at the scene of hazardous ... A mobile weather station that can be used to gather current weather data at the scene of hazardous ...
Respirator decision logic based on the EPA method. It is very important to know when to use supplied ... Respirator decision logic based on the EPA method. It is very important to know when to use supplied ...
Video: Chronology of leptin research (A history of leptin research)

For a complete list of videos, visit our video library