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

Author Question: When economic agents transfer resources through time, it is referred to as: A) clockwise ... (Read 39 times)

anjilletteb

  • Hero Member
  • *****
  • Posts: 569
When economic agents transfer resources through time, it is referred to as:
 
  A) clockwise transformations.
  B) time-wise transformations.
  C) chronological transformations.
  D) intertemporal transformations.

Question 2

The measurement of GDP handles underground production by
 
  A) including the amount produced in this sector of the economy in exactly the same way that all other production is included.
  B) omitting it because underground production is unreported to the government by the people involved.
  C) adding it at fixed prices that change only infrequently.
  D) adding an estimate of it because it is difficult to precisely measure underground production.
  E) omitting it because, being illegal, it has no effect on the nation's total production.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

mbcrismon

  • Sr. Member
  • ****
  • Posts: 328
Answer to Question 1

D

Answer to Question 2

B




mbcrismon

  • Sr. Member
  • ****
  • Posts: 328

 

Did you know?

The horizontal fraction bar was introduced by the Arabs.

Did you know?

Approximately 25% of all reported medication errors result from some kind of name confusion.

Did you know?

The first war in which wide-scale use of anesthetics occurred was the Civil War, and 80% of all wounds were in the extremities.

Did you know?

Since 1988, the CDC has reported a 99% reduction in bacterial meningitis caused by Haemophilus influenzae, due to the introduction of the vaccine against it.

Did you know?

Over time, chronic hepatitis B virus and hepatitis C virus infections can progress to advanced liver disease, liver failure, and hepatocellular carcinoma. Unlike other forms, more than 80% of hepatitis C infections become chronic and lead to liver disease. When combined with hepatitis B, hepatitis C now accounts for 75% percent of all cases of liver disease around the world. Liver failure caused by hepatitis C is now leading cause of liver transplants in the United States.

For a complete list of videos, visit our video library