This topic contains a solution. Click here to go to the answer

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

ap345

  • Hero Member
  • *****
  • Posts: 537
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



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

lin77x

  • Sr. Member
  • ****
  • Posts: 326
Answer to Question 1

B

Answer to Question 2

B




ap345

  • Member
  • Posts: 537
Reply 2 on: Jun 30, 2018
Wow, this really help


recede

  • Member
  • Posts: 315
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

One way to reduce acid reflux is to lose two or three pounds. Most people lose weight in the belly area first when they increase exercise, meaning that heartburn can be reduced quickly by this method.

Did you know?

Every flu season is different, and even healthy people can get extremely sick from the flu, as well as spread it to others. The flu season can begin as early as October and last as late as May. Every person over six months of age should get an annual flu vaccine. The vaccine cannot cause you to get influenza, but in some seasons, may not be completely able to prevent you from acquiring influenza due to changes in causative viruses. The viruses in the flu shot are killed—there is no way they can give you the flu. Minor side effects include soreness, redness, or swelling where the shot was given. It is possible to develop a slight fever, and body aches, but these are simply signs that the body is responding to the vaccine and making itself ready to fight off the influenza virus should you come in contact with it.

Did you know?

Children of people with alcoholism are more inclined to drink alcohol or use hard drugs. In fact, they are 400 times more likely to use hard drugs than those who do not have a family history of alcohol addiction.

Did you know?

Green tea is able to stop the scent of garlic or onion from causing bad breath.

Did you know?

The oldest recorded age was 122. Madame Jeanne Calment was born in France in 1875 and died in 1997. She was a vegetarian and loved olive oil, port wine, and chocolate.

For a complete list of videos, visit our video library