« previous next »

Author Question: Which of the following would be included in GDP? a. Production of computers by IBM in Japan b. ... (Read 52 times)

strangeaffliction

  • Hero Member
  • *****
  • Posts: 660
on: Jun 30, 2018
Which of the following would be included in GDP?
 
  a. Production of computers by IBM in Japan
  b. The value of a car.
  c. The commission on the sale of your house.
  d. The value of childcare provided at home by the child's mother.

Question 2

When the representative firm maximizes profits,
 
  A) it sells as much as possible.
  B) the wage equals average labor productivity.
  C) the wage equals marginal labor productivity.
  D) business taxes must be zero.


diesoon

  • Sr. Member
  • ****
  • Posts: 353
Reply #1 on: Jun 30, 2018
Answer to Question 1

C

Answer to Question 2

C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

strangeaffliction

  • Hero Member
  • *****
  • Posts: 660
Reply #2 on: Jun 30, 2018
Thank you :)


diesoon

  • Sr. Member
  • ****
  • Posts: 353
Reply #3 on: Jun 30, 2018
Happy to help you


« previous next »
 

Did you know?

The first-known contraceptive was crocodile dung, used in Egypt in 2000 BC. Condoms were also reportedly used, made of animal bladders or intestines.

Did you know?

There are actually 60 minerals, 16 vitamins, 12 essential amino acids, and three essential fatty acids that your body needs every day.

Did you know?

Although the Roman numeral for the number 4 has always been taught to have been "IV," according to historians, the ancient Romans probably used "IIII" most of the time. This is partially backed up by the fact that early grandfather clocks displayed IIII for the number 4 instead of IV. Early clockmakers apparently thought that the IIII balanced out the VIII (used for the number 8) on the clock face and that it just looked better.

Did you know?

More than 50% of American adults have oral herpes, which is commonly known as "cold sores" or "fever blisters." The herpes virus can be active on the skin surface without showing any signs or causing any symptoms.

Did you know?

Nearly all drugs pass into human breast milk. How often a drug is taken influences the amount of drug that will pass into the milk. Medications taken 30 to 60 minutes before breastfeeding are likely to be at peak blood levels when the baby is nursing.

Sika deer in Shiretoko Peninsula, Hokkaido, Japan Sika deer in Shiretoko Peninsula, Hokkaido, Japan
Block Diagram of a Dual-stage Pressure System for Dual-Stage Pressure Production of Nitric Acid Seme Block Diagram of a Dual-stage Pressure System for Dual-Stage Pressure Production of Nitric Acid Seme
In-line blending is the most accurate method for blending ethanol with gasoline because computers ... In-line blending is the most accurate method for blending ethanol with gasoline because computers ...
Hubbard’s Predication of Peak in U.S Oil Production with Actual Data Hubbard’s Predication of Peak in U.S Oil Production with Actual Data
Prices in Japan before and after Opening to Trade Prices in Japan before and after Opening to Trade
Complete the following production chart and plot the points. Complete the following production chart and plot the points.
Video: Carbon fixing adaptations Animation

For a complete list of videos, visit our video library