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 171 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?

Bacteria have been found alive in a lake buried one half mile under ice in Antarctica.

Did you know?

It is widely believed that giving a daily oral dose of aspirin to heart attack patients improves their chances of survival because the aspirin blocks the formation of new blood clots.

Did you know?

Your chance of developing a kidney stone is 1 in 10. In recent years, approximately 3.7 million people in the United States were diagnosed with a kidney disease.

Did you know?

Vaccines cause herd immunity. If the majority of people in a community have been vaccinated against a disease, an unvaccinated person is less likely to get the disease since others are less likely to become sick from it and spread the disease.

Did you know?

The top 10 most important tips that will help you grow old gracefully include (1) quit smoking, (2) keep your weight down, (3) take supplements, (4) skip a meal each day or fast 1 day per week, (5) get a pet, (6) get medical help for chronic pain, (7) walk regularly, (8) reduce arguments, (9) put live plants in your living space, and (10) do some weight training.

onions taste good onions taste good
Worldly Goods Worldly Goods
Good body mechanics for lifting heavy objects. Good body mechanics for lifting heavy objects.
Shippers Declaration for Dangerous Goods Shippers Declaration for Dangerous Goods
Types of ecosystem service vs. total global value per year Types of ecosystem service vs. total global value per year
Adding different Angular frequency w(t)? Adding different Angular frequency w(t)?
Video: Non-polar compounds - insolubility

For a complete list of videos, visit our video library