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Author Question: Suppose we have the following information about a plumber: wages 30,000, repair sales 200,000, taxes ... (Read 168 times)

ap345

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on: Jun 30, 2018
Suppose we have the following information about a plumber: wages 30,000, repair sales 200,000, taxes 5,000, loan interest 15,000, plumbing materials 20,000. What is the contribution to GDP of this plumber using the product approach?
 
  A) 200,000.
  B) 180,000.
  C) 50,000.
  D) 30,000.

Question 2

One requirement for an effective nominal anchor is ________.
 
  A) price stability
  B) credibility
  C) fixed exchange rates
  D) rational expectations


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lin77x

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

B

Answer to Question 2

B


ap345

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Reply 2 on: Jun 30, 2018
Wow, this really help

recede

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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