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Author Question: Double counting (counting the same thing twice) in GDP accounting is avoided by not including A) ... (Read 135 times)

kamilo84

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on: Jun 29, 2018
Double counting (counting the same thing twice) in GDP accounting is avoided by not including
 
  A) net exports.
  B) intermediate goods.
  C) illegal activities.
  D) depreciation.

Question 2

The ________ is the total number of people aged 16 years and older (and not in jail, hospital or institutional care) while the ________ is the number of people employed and the unemployed.
 
  A) labor force; working-age population
  B) labor force participation rate; labor force
  C) working-age population; labor force
  D) working-age population; labor force participation rate


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manuelcastillo

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Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

C


kamilo84

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Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

LegendaryAnswers

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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