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Author Question: Refer to the scenario above. Suppose besides consuming all the potatoes grown on his farm, Edwin ... (Read 58 times)

Charlie

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on: Jun 30, 2018
Refer to the scenario above. Suppose besides consuming all the potatoes grown on his farm, Edwin buys 5 pounds of potatoes at 0.80 per pound. What is likely to happen in this case?
 
  A) GDP will increase by 4. B) GDP will remain unchanged.
  C) GDP will decrease by 0.80. D) Trade surplus will increase by 4.

Question 2

A decrease in the demand for labor will ________ real wages and ________ employment.
 
  A) increase; increase B) increase; decrease C) decrease; increase D) decrease; decrease
Macroeconomics: Principles, Applications and Tools ¦ O'Sullivan, Sheffrin, Perez ¦ 7th Edition
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mmj22343

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Reply #1 on: Jun 30, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Charlie

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Reply #2 on: Jun 30, 2018
Correct answers!


mmj22343

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Reply #3 on: Jun 30, 2018
Great! Please up vote :D


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