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

Author Question: Assume that gross national product amounts to 4300.5 billion, depreciation is 550.1 billion, and ... (Read 160 times)

sabina

  • Hero Member
  • *****
  • Posts: 563
on: Jun 30, 2018
Assume that gross national product amounts to 4300.5 billion, depreciation is 550.1 billion, and indirect taxes are 399.3 billion. Then, net national product amounts to
 
  a. 3351.1 billion.
  b. 4549.8 billion.
  c. 3851.2 billion.
  d. 3750.4 billion.

Question 2

When drawn against the real interest rate, the output supply curve is upward sloping because labor supply is
 
  A) increasing in the real interest rate and labor demand is independent of the real interest rate.
  B) decreasing in the real interest rate and labor demand is independent of the real interest rate.
  C) independent of the real interest rate and labor demand is increasing in the real interest rate.
  D) independent of the real interest rate and labor demand is decreasing in the real interest rate.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Jadwiga9

  • Sr. Member
  • ****
  • Posts: 316
Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

A


sabina

  • Member
  • Posts: 563
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

hollysheppard095

  • Member
  • Posts: 339
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

Today, nearly 8 out of 10 pregnant women living with HIV (about 1.1 million), receive antiretrovirals.

Did you know?

People with alcoholism are at a much greater risk of malnutrition than are other people and usually exhibit low levels of most vitamins (especially folic acid). This is because alcohol often takes the place of 50% of their daily intake of calories, with little nutritional value contained in it.

Did you know?

Persons who overdose with cardiac glycosides have a better chance of overall survival if they can survive the first 24 hours after the overdose.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

In the United States, congenital cytomegalovirus causes one child to become disabled almost every hour. CMV is the leading preventable viral cause of development disability in newborns. These disabilities include hearing or vision loss, and cerebral palsy.

Stag and hinds in Killarney National Park, Co. Kerry, Ireland. Stag and hinds in Killarney National Park, Co. Kerry, Ireland.
White fallow deer near Argonne National Labs in Westmont Illinois, USA. White fallow deer near Argonne National Labs in Westmont Illinois, USA.
Four cheetahs at Serengeti National Park, Tanzania Four cheetahs at Serengeti National Park, Tanzania
Video: Mechanisms of capillary exchange (transcytosis & bulk flow)

For a complete list of videos, visit our video library