This topic contains a solution. Click here to go to the answer

Author Question: Which of the following allows an economist to conclude that the welfare or happiness of society as a ... (Read 28 times)

Pineappleeh

  • Hero Member
  • *****
  • Posts: 585
Which of the following allows an economist to conclude that the welfare or happiness of society as a whole is clearly increasing?
 
  A) A decrease in nominal GDP
  B) A decrease in real GDP
  C) An increase in nominal GDP
  D) An increase in real GDP
  E) None of the above.

Question 2

Which of the following accurately measures the welfare or happiness of society?
 
  A) Nominal GDP
  B) Real GDP
  C) Both Nominal GDP and Real GDP
  D) None of the above.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

nguyenhoanhat

  • Sr. Member
  • ****
  • Posts: 332
Answer to Question 1

D

Answer to Question 2

D




Pineappleeh

  • Member
  • Posts: 585
Reply 2 on: Jun 29, 2018
Gracias!


Sarahjh

  • Member
  • Posts: 370
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

Nearly 31 million adults in America have a total cholesterol level that is more than 240 mg per dL.

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?

Critical care patients are twice as likely to receive the wrong medication. Of these errors, 20% are life-threatening, and 42% require additional life-sustaining treatments.

Did you know?

Eating food that has been cooked with poppy seeds may cause you to fail a drug screening test, because the seeds contain enough opiate alkaloids to register as a positive.

Did you know?

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

For a complete list of videos, visit our video library