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

Author Question: We know the following about a tie manufacturer: tie sales 1,300, cotton purchases 750, wages 400, ... (Read 86 times)

asan beg

  • Hero Member
  • *****
  • Posts: 570
on: Jun 30, 2018
We know the following about a tie manufacturer: tie sales 1,300, cotton purchases 750, wages 400, interest on business loans 100, and profits 50. What is the contribution to GDP of this producer using the income approach?
 
  A) 550
  B) 500
  C) 450
  D) 400

Question 2

The substitution effect that occurs when interest rates change involves a change in consumption that develops from ________.
 
  A) a change in the general level of prices
  B) a period of increasing productivity
  C) a change in the level of income
  D) a change in the relative prices of consumption in the two periods


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

ktidd

  • Sr. Member
  • ****
  • Posts: 319
Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

D


asan beg

  • Member
  • Posts: 570
Reply 2 on: Jun 30, 2018
Gracias!

alexanderhamilton

  • Member
  • Posts: 334
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Multiple experimental evidences have confirmed that at the molecular level, cancer is caused by lesions in cellular DNA.

Did you know?

Many medications that are used to treat infertility are injected subcutaneously. This is easy to do using the anterior abdomen as the site of injection but avoiding the area directly around the belly button.

Did you know?

Eat fiber! A diet high in fiber can help lower cholesterol levels by as much as 10%.

Did you know?

Not getting enough sleep can greatly weaken the immune system. Lack of sleep makes you more likely to catch a cold, or more difficult to fight off an infection.

Did you know?

People with high total cholesterol have about two times the risk for heart disease as people with ideal levels.

Cotton-top tamarin eating a grasshopper Cotton-top tamarin eating a grasshopper
Cotton and Slaves in the South, 1860 Cotton and Slaves in the South, 1860
How many pounds of yeast must the manufacturer start with to obtain 550 lb at the end of 12 h? How many pounds of yeast must the manufacturer start with to obtain 550 lb at the end of 12 h?
Effect of Education on Wages Effect of Education on Wages
Sterile cotton balls Sterile cotton balls
Calculate the weighted-average cost of the following inventory purchases:DateQuantity ... Calculate the weighted-average cost of the following inventory purchases:DateQuantity ...
Video: Hormonal regulation of pregnancy - weeks 2 through 38

For a complete list of videos, visit our video library