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

Author Question: We learn the following about a ski resort: ticket sales 100M, snow making expenses 70M, wages 20M, ... (Read 75 times)

frankwu

  • Hero Member
  • *****
  • Posts: 549
on: Jun 30, 2018
We learn the following about a ski resort: ticket sales 100M, snow making expenses 70M, wages 20M, interest on business loans 5M, and profits 5M. What is the contribution to GDP using the product approach?
 
  A) 70M
  B) 80M
  C) 95M
  D) 100M

Question 2

Is the Taylor rule compatible with a hierarchical mandate?
 
  What will be an ideal response?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

LP

  • Sr. Member
  • ****
  • Posts: 302
Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

Yes. Because inflation is affected by output gaps, a central bank committed to inflation stability will not ignore output gaps but, rather, raise or lower its interest rate target, as indicated by the Taylor rule.


frankwu

  • Member
  • Posts: 549
Reply 2 on: Jun 30, 2018
Excellent

covalentbond

  • Member
  • Posts: 336
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

The horizontal fraction bar was introduced by the Arabs.

Did you know?

Astigmatism is the most common vision problem. It may accompany nearsightedness or farsightedness. It is usually caused by an irregularly shaped cornea, but sometimes it is the result of an irregularly shaped lens. Either type can be corrected by eyeglasses, contact lenses, or refractive surgery.

Did you know?

Liver spots have nothing whatsoever to do with the liver. They are a type of freckles commonly seen in older adults who have been out in the sun without sufficient sunscreen.

Did you know?

A good example of polar molecules can be understood when trying to make a cake. If water and oil are required, they will not mix together. If you put them into a measuring cup, the oil will rise to the top while the water remains on the bottom.

Did you know?

Certain rare plants containing cyanide include apricot pits and a type of potato called cassava. Fortunately, only chronic or massive ingestion of any of these plants can lead to serious poisoning.

Lab: Learn Orders in Class Insecta Lab: Learn Orders in Class Insecta
Snow leopard - Solved Snow leopard - Solved
Decision Making Decision Making
Wild chimpanzees make and use simple tools to obtain food, learning tool making from one another. Wild chimpanzees make and use simple tools to obtain food, learning tool making from one another.
Example of a choice board used in studies of decision making. This one includes four factors for ... Example of a choice board used in studies of decision making. This one includes four factors for ...
An embedded particle of something was found on one of the gears, making this pump worthless except ... An embedded particle of something was found on one of the gears, making this pump worthless except ...
Video: Facilitated Diffusion - Glucose transport

For a complete list of videos, visit our video library