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Author Question: GDP measures underestimate the value of output produced by an economy because they include services ... (Read 94 times)

folubunmi

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on: Jun 30, 2018
GDP measures underestimate the value of output produced by an economy because they include services not transferred through markets.
 
  Indicate whether the statement is true or false

Question 2

Which economic question depends on the incomes that people earn and the prices they pay for goods and services?
 
  A) Why? B) How? C) For whom? D) What? E) Where?
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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Jadwiga9

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Reply #1 on: Jun 30, 2018
Answer to Question 1

FALSE

Answer to Question 2

C


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