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

Author Question: As residents of developing countries increase their chocolate consumption, the increased production ... (Read 72 times)

jasdeep_brar

  • Hero Member
  • *****
  • Posts: 569
As residents of developing countries increase their chocolate consumption, the increased production of cocoa results in
 
  A) increased opportunity cost of cocoa production.
  B) decreased opportunity cost of cocoa production.
  C) no change in production of other goods and services.
  D) increased production of other goods and services.

Question 2

When measuring GDP,
 
  A) the government sector is not included because it is the public sector not the private sector.
  B) the government sector is counted, and the value of the government sector in GDP is equal to its tax revenue.
  C) only the federal government's expenditure on goods and services are included.
  D) the expenditure on goods and services by all levels of government are included.
  E) the government sector is not counted because it does not produce goods and services.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

amandanbreshears

  • Sr. Member
  • ****
  • Posts: 320
Answer to Question 1

A

Answer to Question 2

D




jasdeep_brar

  • Member
  • Posts: 569
Reply 2 on: Jun 29, 2018
Gracias!


Laurenleakan

  • Member
  • Posts: 309
Reply 3 on: Yesterday
Excellent

 

Did you know?

The term pharmacology is derived from the Greek words pharmakon("claim, medicine, poison, or remedy") and logos ("study").

Did you know?

Limit intake of red meat and dairy products made with whole milk. Choose skim milk, low-fat or fat-free dairy products. Limit fried food. Use healthy oils when cooking.

Did you know?

Thyroid conditions may make getting pregnant impossible.

Did you know?

Recent studies have shown that the number of medication errors increases in relation to the number of orders that are verified per pharmacist, per work shift.

Did you know?

There are approximately 3 million unintended pregnancies in the United States each year.

For a complete list of videos, visit our video library