Author Question: The calculation of GDP excludes the value of A) government expenditure on office supplies. B) ... (Read 69 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?

Colchicine is a highly poisonous alkaloid originally extracted from a type of saffron plant that is used mainly to treat gout.

Did you know?

The ratio of hydrogen atoms to oxygen in water (H2O) is 2:1.

Did you know?

The first-known contraceptive was crocodile dung, used in Egypt in 2000 BC. Condoms were also reportedly used, made of animal bladders or intestines.

Did you know?

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

Did you know?

Pubic lice (crabs) are usually spread through sexual contact. You cannot catch them by using a public toilet.

For a complete list of videos, visit our video library