« previous next »

Author Question: The cost of inflation to society includes I. the opportunity costs of resources used by people to ... (Read 81 times)

Redwolflake15

  • Hero Member
  • *****
  • Posts: 569
on: Jun 29, 2018
The cost of inflation to society includes I. the opportunity costs of resources used by people to protect themselves against inflation. II. the diversion of productive resources to forecasting inflation.
 
  A) I only
  B) II only
  C) both I and II
  D) neither I nor II

Question 2

In calculating GDP, household production is
 
  A) included as part of consumption.
  B) ignored because it is not a large amount.
  C) not included because there is no market transaction.
  D) included under employee compensation.


apple

  • Sr. Member
  • ****
  • Posts: 352
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?

The Romans did not use numerals to indicate fractions but instead used words to indicate parts of a whole.

Did you know?

There are over 65,000 known species of protozoa. About 10,000 species are parasitic.

Did you know?

More than 50% of American adults have oral herpes, which is commonly known as "cold sores" or "fever blisters." The herpes virus can be active on the skin surface without showing any signs or causing any symptoms.

Did you know?

Many of the drugs used by neuroscientists are derived from toxic plants and venomous animals (such as snakes, spiders, snails, and puffer fish).

Did you know?

The most dangerous mercury compound, dimethyl mercury, is so toxic that even a few microliters spilled on the skin can cause death. Mercury has been shown to accumulate in higher amounts in the following types of fish than other types: swordfish, shark, mackerel, tilefish, crab, and tuna.

The formation of a chimeric gene that is found in people with certain forms of leukemia. The formation of a chimeric gene that is found in people with certain forms of leukemia.
Processing—Mineral Resources Processing—Mineral Resources
Pulp - Common People Pulp - Common People
Every society has boundaries that divide what is considered socially acceptable from what is not ... Every society has boundaries that divide what is considered socially acceptable from what is not ...
A society’s dominant ideologies are reinforced throughout the society, including its literature. ... A society’s dominant ideologies are reinforced throughout the society, including its literature. ...
American people aren't the only ones getting bigger—American pets are also putting on pounds American people aren't the only ones getting bigger—American pets are also putting on pounds
Video: Glomerubular filtrate rate -pressures that affect GFR and net filtration pressure

For a complete list of videos, visit our video library