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Author Question: The national income accounting system provides a measure of: a. only the total amount of profits ... (Read 63 times)

Tirant22

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on: Jun 30, 2018
The national income accounting system provides a measure of:
 a. only the total amount of profits made by business firms.
  b. the total value of all inputs used in production.
  c. the government budget surplus and deficit.
  d. the net exports of a nation.
  e. the output of an entire economy.

Question 2

Cartels:
 a. encourage competition.
  b. attempt to restrict output in order to raise prices.
  c. rely on legally enforceable contracts between cartel participants.
  d. rely on advertising and packaging to increase profits.
  e. All of the above.


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Galvarado142

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Reply #1 on: Jun 30, 2018
Answer to Question 1

e

Answer to Question 2

b. attempt to restrict output in order to raise prices.


Tirant22

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Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

FergA

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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