Author Question: The calculation of GDP excludes the value of A) government expenditure on office supplies. B) ... (Read 61 times)

go.lag

  • Hero Member
  • *****
  • Posts: 667
The calculation of GDP excludes the value of
 
  A) government expenditure on office supplies.
  B) households' purchases of shampoo.
  C) businesses' purchase of new machine tools.
  D) a family member painting the family home.
  E) expenditure on durable goods.

Question 2

A decrease in the demand for beef because of concerns over cholesterol results in
 
  A) lower beef prices.
  B) higher beef prices.
  C) an increase in the supply of beef.
  D) an offsetting increase in the demand for beef if the price of beef falls.



marict

  • Sr. Member
  • ****
  • Posts: 304
Answer to Question 1

D

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The top five reasons that children stay home from school are as follows: colds, stomach flu (gastroenteritis), ear infection (otitis media), pink eye (conjunctivitis), and sore throat.

Did you know?

Though methadone is often used to treat dependency on other opioids, the drug itself can be abused. Crushing or snorting methadone can achieve the opiate "rush" desired by addicts. Improper use such as these can lead to a dangerous dependency on methadone. This drug now accounts for nearly one-third of opioid-related deaths.

Did you know?

Many medications that are used to treat infertility are injected subcutaneously. This is easy to do using the anterior abdomen as the site of injection but avoiding the area directly around the belly button.

Did you know?

GI conditions that will keep you out of the U.S. armed services include ulcers, varices, fistulas, esophagitis, gastritis, congenital abnormalities, inflammatory bowel disease, enteritis, colitis, proctitis, duodenal diverticula, malabsorption syndromes, hepatitis, cirrhosis, cysts, abscesses, pancreatitis, polyps, certain hemorrhoids, splenomegaly, hernias, recent abdominal surgery, GI bypass or stomach stapling, and artificial GI openings.

Did you know?

Most childhood vaccines are 90–99% effective in preventing disease. Side effects are rarely serious.

For a complete list of videos, visit our video library