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Author Question: A firm's value added can be measured as the value of its A) profits. B) total sales. C) total ... (Read 97 times)

MirandaLo

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on: Jun 30, 2018
A firm's value added can be measured as the value of its
 
  A) profits. B) total sales.
  C) total sales, less purchases from other firms. D) purchases of inputs from other firms.

Question 2

According to this Application, a common belief is that fiscal multipliers are ________ during ________.
 
  A) larger; recessions B) of equal size; recessions and growth periods
  C) smaller; growth periods D) smaller; recessions
Macroeconomics: Principles, Applications and Tools ¦ O'Sullivan, Sheffrin, Perez ¦ 7th Edition
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jamesnevil303

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

C

Answer to Question 2

D


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