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

Author Question: Which of the following is included in the calculated gross domestic product? a. Mr. Kelly buys a ... (Read 83 times)

javeds

  • Hero Member
  • *****
  • Posts: 570
on: Jun 30, 2018
Which of the following is included in the calculated gross domestic product?
 a. Mr. Kelly buys a used lawn mower from his neighbor Mr. Templeton.
 b. A local ice cream store sells 17,000 worth of cones and sundaes on July 4th.
  c. Suzanne buys a love seat and chair for 85 at the yard sale on the corner.
  d. Farmer Fred sells his second tractor to his son.

Question 2

The aggregate quantity of goods and services produced will decrease at every price level when resource price rises.
 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

shaquita

  • Sr. Member
  • ****
  • Posts: 324
Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

True


javeds

  • Hero Member
  • *****
  • Posts: 570
Reply #2 on: Jun 30, 2018
Thank you


shaquita

  • Sr. Member
  • ****
  • Posts: 324
Reply #3 on: Jun 30, 2018
No problemo


« previous next »
 

Did you know?

About 80% of major fungal systemic infections are due to Candida albicans. Another form, Candida peritonitis, occurs most often in postoperative patients. A rare disease, Candida meningitis, may follow leukemia, kidney transplant, other immunosuppressed factors, or when suffering from Candida septicemia.

Did you know?

Methicillin-resistant Staphylococcus aureus or MRSA was discovered in 1961 in the United Kingdom. It if often referred to as a superbug. MRSA infections cause more deaths in the United States every year than AIDS.

Methicilli ...
Did you know?

Colchicine is a highly poisonous alkaloid originally extracted from a type of saffron plant that is used mainly to treat gout.

Did you know?

The immune system needs 9.5 hours of sleep in total darkness to recharge completely.

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.

Nebulizer. The nebulizer converts a liquid medication to a mist that is easily inhaled. A face mask, Nebulizer. The nebulizer converts a liquid medication to a mist that is easily inhaled. A face mask,
PV cells have potential for domestic and commercial use PV cells have potential for domestic and commercial use
A Production Function with Diminishing Marginal Product of Capital A Production Function with Diminishing Marginal Product of Capital
Use the product rule to find derivative Use the product rule to find derivative
Use the product rule to find derivative Use the product rule to find derivative
The functional role of pRB. The pRB protein product of RB1 The functional role of pRB. The pRB protein product of RB1
Video: Gastroesophageal Reflux Disease (GERD)

For a complete list of videos, visit our video library