Author Question: When calculating the compensation of employees part of GDP A) Social Security contributions must ... (Read 34 times)

vicky · **on:** Jun 29, 2018

When calculating the compensation of employees part of GDP

A) Social Security contributions must be included.
B) fringe benefits are not included.
C) taxes withheld on earnings are not included.
D) the value of vacation time must be included.

Question 2

Elasticity measures the

A) percentage change in a variable.
B) slope of a curve.
C) change in a variable.
D) responsiveness of a variable to a change in another variable.