This topic contains a solution. Click here to go to the answer

Author Question: Scarcity: a. exists in command economies. b. exists in market economies. c. exists only for the ... (Read 59 times)

LCritchfi

  • Hero Member
  • *****
  • Posts: 519
Scarcity:
 a. exists in command economies.
 b. exists in market economies.
 c. exists only for the poor in any type of economy.
  d. (a) and (b) above are correct

Question 2

The net national product (NNP) can be obtained from the GDP by:
 a. subtracting depreciation.
 b. subtracting net income of foreigners and depreciation.
  c. including the net income of foreigners.
 d. subtracting depreciation and indirect business taxes.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

milbourne11

  • Sr. Member
  • ****
  • Posts: 322
Answer to Question 1

d

Answer to Question 2

b




LCritchfi

  • Member
  • Posts: 519
Reply 2 on: Jun 30, 2018
Wow, this really help


samiel-sayed

  • Member
  • Posts: 337
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

Certain chemicals, after ingestion, can be converted by the body into cyanide. Most of these chemicals have been removed from the market, but some old nail polish remover, solvents, and plastics manufacturing solutions can contain these substances.

Did you know?

A seasonal flu vaccine is the best way to reduce the chances you will get seasonal influenza and spread it to others.

Did you know?

All adverse reactions are commonly charted in red ink in the patient's record and usually are noted on the front of the chart. Failure to follow correct documentation procedures may result in malpractice lawsuits.

Did you know?

Over time, chronic hepatitis B virus and hepatitis C virus infections can progress to advanced liver disease, liver failure, and hepatocellular carcinoma. Unlike other forms, more than 80% of hepatitis C infections become chronic and lead to liver disease. When combined with hepatitis B, hepatitis C now accounts for 75% percent of all cases of liver disease around the world. Liver failure caused by hepatitis C is now leading cause of liver transplants in the United States.

Did you know?

Increased intake of vitamin D has been shown to reduce fractures up to 25% in older people.

For a complete list of videos, visit our video library