This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: When measuring GDP by the income approach, wage income includes i. health-care insurance paid for by ... (Read 56 times)

Anajune7

  • Hero Member
  • *****
  • Posts: 574
on: Jun 29, 2018
When measuring GDP by the income approach, wage income includes i. health-care insurance paid for by the firm for its employees. ii. Social Security contributions made by the firm. iii. wages paid during a worker's vacation time.
 
  A) i, ii and iii
  B) i and ii only
  C) i only
  D) ii only
  E) ii and iii only

Question 2

As Rainclouds Inc moves downward along its production possibilities frontier, illustrated in the figure above, the opportunity cost of a raincoat ________.
 
  A) decreases
  B) depends on the initial quantity produced
  C) increases
  D) remains the same


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

macybarnes

  • Sr. Member
  • ****
  • Posts: 312
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

A


Anajune7

  • Member
  • Posts: 574
Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

ASDFGJLO

  • Member
  • Posts: 335
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

The horizontal fraction bar was introduced by the Arabs.

Did you know?

There used to be a metric calendar, as well as metric clocks. The metric calendar, or "French Republican Calendar" divided the year into 12 months, but each month was divided into three 10-day weeks. Each day had 10 decimal hours. Each hour had 100 decimal minutes. Due to lack of popularity, the metric clocks and calendars were ended in 1795, three years after they had been first marketed.

Did you know?

Astigmatism is the most common vision problem. It may accompany nearsightedness or farsightedness. It is usually caused by an irregularly shaped cornea, but sometimes it is the result of an irregularly shaped lens. Either type can be corrected by eyeglasses, contact lenses, or refractive surgery.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates’s recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

The human body produces and destroys 15 million blood cells every second.

THE DIMENSIONS OF PATIENT-CENTERED CARE THE DIMENSIONS OF PATIENT-CENTERED CARE
Patients of all socioeconomic backgrounds should be given equal care. Patients of all socioeconomic backgrounds should be given equal care.
Measuring Pediatric Vital Signs Measuring Pediatric Vital Signs
Example of a choice board used in studies of decision making. This one includes four factors for ... Example of a choice board used in studies of decision making. This one includes four factors for ...
Income per Capita versus Inequality Income per Capita versus Inequality
Intergenerational Income Mobility in the United States Intergenerational Income Mobility in the United States
Video: Major Elements in Biological Molecules: Proteins

For a complete list of videos, visit our video library