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

Author Question: The sum of payments made to resource owners for the use of their resources is: a. gross domestic ... (Read 113 times)

@Brianna17

  • Hero Member
  • *****
  • Posts: 550
The sum of payments made to resource owners for the use of their resources is:
 a. gross domestic product.
  b. net domestic product.
  c. national income.
  d. personal income.
  e. disposable personal income.

Question 2

The interest rate effect predicts that higher prices:
 a. make it more expensive to borrow, leading to higher interest rates and less investment.
  b. make people worse off by reducing the value of their wealth, leading them to save more and spend less.
  c. decrease borrowing, leading to higher interest rates and less investment.
  d. decrease borrowing, leading to lower interest rates and more investment.
  e. increase borrowing, leading to higher interest rates and less investment.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

akemokai

  • Sr. Member
  • ****
  • Posts: 347
Answer to Question 1

c

Answer to Question 2

e





 

Did you know?

There are more nerve cells in one human brain than there are stars in the Milky Way.

Did you know?

A seasonal flu vaccine is the best way to reduce the chances you will get seasonal influenza and spread it to others.

Did you know?

The strongest synthetic topical retinoid drug available, tazarotene, is used to treat sun-damaged skin, acne, and psoriasis.

Did you know?

Elderly adults are at greatest risk of stroke and myocardial infarction and have the most to gain from prophylaxis. Patients ages 60 to 80 years with blood pressures above 160/90 mm Hg should benefit from antihypertensive treatment.

Did you know?

No drugs are available to relieve parathyroid disease. Parathyroid disease is caused by a parathyroid tumor, and it needs to be removed by surgery.

For a complete list of videos, visit our video library