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

Author Question: You hire some of your friends to help you move to a new house. You pay them a total of 200 and buy ... (Read 39 times)

mpobi80

  • Hero Member
  • *****
  • Posts: 519
You hire some of your friends to help you move to a new house. You pay them a total of 200 and buy them dinner at Pizza Hut. Which of the following is true?
 
  A) Hiring your friends is an illegal activity and should not be counted in GDP.
  B) Neither the 200 nor the dinner should be counted in GDP because both are household production.
  C) The dinner at Pizza Hut should be counted as part of GDP, but not the 200.
  D) The 200 should be counted as part of GDP but not the dinner at Pizza Hut.
  E) If your friends do not report the 200 on their tax forms, it becomes part of the underground economy.

Question 2

In the figure above, an increase in z leads to a
 
  A) movement down along one of the lines showing the relationship between x and y.
  B) rightward shift of the line showing the relationship between x and y.
  C) trend change in both x and y.
  D) leftward shift of the line showing the relationship between x and y.
  E) movement up along one of the lines showing the relationship between x and y.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

kusterl

  • Sr. Member
  • ****
  • Posts: 315
Answer to Question 1

E

Answer to Question 2

D





 

Did you know?

On average, someone in the United States has a stroke about every 40 seconds. This is about 795,000 people per year.

Did you know?

The largest baby ever born weighed more than 23 pounds but died just 11 hours after his birth in 1879. The largest surviving baby was born in October 2009 in Sumatra, Indonesia, and weighed an astounding 19.2 pounds at birth.

Did you know?

Inotropic therapy does not have a role in the treatment of most heart failure patients. These drugs can make patients feel and function better but usually do not lengthen the predicted length of their lives.

Did you know?

The cure for trichomoniasis is easy as long as the patient does not drink alcoholic beverages for 24 hours. Just a single dose of medication is needed to rid the body of the disease. However, without proper precautions, an individual may contract the disease repeatedly. In fact, most people develop trichomoniasis again within three months of their last treatment.

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.

For a complete list of videos, visit our video library