Author Question: Which of the following is NOT included in measured U.S. GDP? A) the value of the pizzas produced ... (Read 87 times)

saliriagwu

  • Hero Member
  • *****
  • Posts: 537
Which of the following is NOT included in measured U.S. GDP?
 
  A) the value of the pizzas produced at Pizza Hut in Kansas City
  B) the value of leisure time
  C) the value of the goods produced at a French owned plant in Atlanta, Georgia
  D) the value of the services produced by a lawyer in Tampa, Florida
  E) the value of a plane produced by Boeing in Washington and sold to Air France

Question 2

Refer to the table above. If the factory plans to hire a seventh worker whose marginal product is 15 pairs, the total output after he is hired will be:
 
  A) 15 pairs.
  B) 105 pairs.
  C) 280 pairs.
  D) 295 pairs.



deja

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

B

Answer to Question 2

D



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

deja

  • Sr. Member
  • ****
  • Posts: 332

 

Did you know?

To prove that stomach ulcers were caused by bacteria and not by stress, a researcher consumed an entire laboratory beaker full of bacterial culture. After this, he did indeed develop stomach ulcers, and won the Nobel Prize for his discovery.

Did you know?

Giardia is one of the most common intestinal parasites worldwide, and infects up to 20% of the world population, mostly in poorer countries with inadequate sanitation. Infections are most common in children, though chronic Giardia is more common in adults.

Did you know?

Warfarin was developed as a consequence of the study of a strange bleeding disorder that suddenly occurred in cattle on the northern prairies of the United States in the early 1900s.

Did you know?

Drying your hands with a paper towel will reduce the bacterial count on your hands by 45–60%.

Did you know?

Persons who overdose with cardiac glycosides have a better chance of overall survival if they can survive the first 24 hours after the overdose.

For a complete list of videos, visit our video library