This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Mistakenly adding the value of a good or service twice by counting the intermediate goods and ... (Read 163 times)

s.tung

  • Hero Member
  • *****
  • Posts: 577
on: Jun 30, 2018
Mistakenly adding the value of a good or service twice by counting the intermediate goods and services in GDP is known as:
 a. value added.
 b. double counting.
  c. factor payments.
  d. net depreciation.

Question 2

The consumption function has a positive slope while the savings function has a negative slope.
 a. True
  b. False
  Indicate whether the statement is true or false


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

shewald78

  • Sr. Member
  • ****
  • Posts: 340
Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

False


s.tung

  • Hero Member
  • *****
  • Posts: 577
Reply #2 on: Jun 30, 2018
Correct answers!


shewald78

  • Sr. Member
  • ****
  • Posts: 340
Reply #3 on: Jun 30, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

Asthma occurs in one in 11 children and in one in 12 adults. African Americans and Latinos have a higher risk for developing asthma than other groups.

Did you know?

In 1864, the first barbiturate (barbituric acid) was synthesized.

Did you know?

There are 60,000 miles of blood vessels in every adult human.

Did you know?

The training of an anesthesiologist typically requires four years of college, 4 years of medical school, 1 year of internship, and 3 years of residency.

Did you know?

Alcohol acts as a diuretic. Eight ounces of water is needed to metabolize just 1 ounce of alcohol.

Take a good look at this woman Take a good look at this woman
Remove all jewelry before performing service work on any vehicle. Remove all jewelry before performing service work on any vehicle.
Nuts are also a good source of B group vitamins (including folate), and vitamin E Nuts are also a good source of B group vitamins (including folate), and vitamin E
Most Canadian seniors rated their health as good to excellent. Most Canadian seniors rated their health as good to excellent.
A random sample of 87 airline pilots recruited by an airline service had an average yearly ... A random sample of 87 airline pilots recruited by an airline service had an average yearly ...
Grade 1 math Counting by 2 Grade 1 math Counting by 2
Video: Proteins

For a complete list of videos, visit our video library