Which of the following is NOT included in real GDP?
A) production of services, such as the services of hair dressers
B) production of goods that last less than a year, such as production of hot dogs
C) production that takes place in the underground economy
D) production of goods that last more than a year, such as a pair of roller blades
Question 2
A price ceiling is a price
A) below which a seller cannot legally sell.
B) above which a seller cannot legally sell.
C) that creates a surplus of the good.
D) Both answers A and C are correct.
Production efficiency.
Primary production is positively correlated with the evapotranspiration rate.
A parade for Grover Cleveland in Chicago in 1892, by John Klir. Music, mirth, real drama—a president
Role of Factors of Production in Determining Output per Worker, 2009
Production and Prices in Richland and Poorland
Production of ATP in Skeletal Muscle