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 45 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
:D TYSM

xiaomengxian

  • Member
  • Posts: 311
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

Elderly adults are living longer, and causes of death are shifting. At the same time, autopsy rates are at or near their lowest in history.

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.

Did you know?

Hip fractures are the most serious consequences of osteoporosis. The incidence of hip fractures increases with each decade among patients in their 60s to patients in their 90s for both women and men of all populations. Men and women older than 80 years of age show the highest incidence of hip fractures.

Did you know?

Despite claims by manufacturers, the supplement known as Ginkgo biloba was shown in a study of more than 3,000 participants to be ineffective in reducing development of dementia and Alzheimer’s disease in older people.

Did you know?

IgA antibodies protect body surfaces exposed to outside foreign substances. IgG antibodies are found in all body fluids. IgM antibodies are the first type of antibody made in response to an infection. IgE antibody levels are often high in people with allergies. IgD antibodies are found in tissues lining the abdomen and chest.

Some uses of recombinant DNA technology for making improved vaccines Some uses of recombinant DNA technology for making improved vaccines
Melting snow Melting snow
This graphic illustrates the original systems model of politics advanced by David Easton. Politics This graphic illustrates the original systems model of politics advanced by David Easton. Politics
Distribution and Forms of Precipitation: Snow Distribution and Forms of Precipitation: Snow
The Making of a Protein The Making of a Protein
The components making up the DNA Pol III holoenzyme The components making up the DNA Pol III holoenzyme
Video: Heart Chambers

For a complete list of videos, visit our video library