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

Author Question: Real GDP is not a perfect indicator of economic welfare because ________. A) it includes the ... (Read 31 times)

tiara099

  • Hero Member
  • *****
  • Posts: 588
on: Jun 29, 2018
Real GDP is not a perfect indicator of economic welfare because ________.
 
  A) it includes the underground economy
  B) it includes a direct measure of health and life expectancy
  C) it underestimates inflation
  D) economic welfare depends on many factors not measured or not measured accurately by real GDP

Question 2

The United States has a comparative advantage in producing airplanes if
 
  A) it can produce them at a lower opportunity cost than can other nations.
  B) it can produce them at a lower dollar cost than can other nations.
  C) it can produce a larger quantity than can other nations.
  D) it has a larger quantity of skilled workers than do other nations.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

britb2u

  • Sr. Member
  • ****
  • Posts: 331
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

A


tiara099

  • Member
  • Posts: 588
Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

Missbam101

  • Member
  • Posts: 341
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Hypertension is a silent killer because it is deadly and has no significant early symptoms. The danger from hypertension is the extra load on the heart, which can lead to hypertensive heart disease and kidney damage. This occurs without any major symptoms until the high blood pressure becomes extreme. Regular blood pressure checks are an important method of catching hypertension before it can kill you.

Did you know?

Not getting enough sleep can greatly weaken the immune system. Lack of sleep makes you more likely to catch a cold, or more difficult to fight off an infection.

Did you know?

The effects of organophosphate poisoning are referred to by using the abbreviations “SLUD” or “SLUDGE,” It stands for: salivation, lacrimation, urination, defecation, GI upset, and emesis.

Did you know?

Many people have small pouches in their colons that bulge outward through weak spots. Each pouch is called a diverticulum. About 10% of Americans older than age 40 years have diverticulosis, which, when the pouches become infected or inflamed, is called diverticulitis. The main cause of diverticular disease is a low-fiber diet.

Did you know?

The average office desk has 400 times more bacteria on it than a toilet.

Typical Mendelian pattern of inheritance of HLA haplotypes includes children AC, BC, AD, and BD. ... Typical Mendelian pattern of inheritance of HLA haplotypes includes children AC, BC, AD, and BD. ...
The WISER entry for hydrogen cyanide (bottom). Useful information includes detailed health ... The WISER entry for hydrogen cyanide (bottom). Useful information includes detailed health ...
Economic value (Dollars per Hectare) of sustainable ecosystems Economic value (Dollars per Hectare) of sustainable ecosystems
economic question economic question
economic question economic question
economic question (having trouble) economic question (having trouble)
Video: Causes of Acne

For a complete list of videos, visit our video library