Author Question: If a man marries his hired housekeeper, the value of GDP: a. rises. b. falls. c. is unchanged. ... (Read 143 times)

londonang

  • Hero Member
  • *****
  • Posts: 540
If a man marries his hired housekeeper, the value of GDP:
 a. rises.
  b. falls.
  c. is unchanged.
  d. rises, but the value of GDP falls.

Question 2

The real balances effect predicts that higher prices:
 a. make people worse off by reducing the value of their wealth, leading them to save more and spend less.
  b. make people worse off by reducing the value of their wealth, leading them to save less and spend more.
  c. make people better off by increasing the value of their wealth, leading them to save less and spend more.
  d. increase borrowing, leading to higher interest rates and less investment.
  e. make domestic goods relatively more expensive, increasing the demand for domestic goods and decreasing the demand for foreign goods.



Andromeda18

  • Sr. Member
  • ****
  • Posts: 336
Answer to Question 1

b

Answer to Question 2

a



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

The shortest mature adult human of whom there is independent evidence was Gul Mohammed in India. In 1990, he was measured in New Delhi and stood 22.5 inches tall.

Did you know?

According to animal studies, the typical American diet is damaging to the liver and may result in allergies, low energy, digestive problems, and a lack of ability to detoxify harmful substances.

Did you know?

Russia has the highest death rate from cardiovascular disease followed by the Ukraine, Romania, Hungary, and Poland.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

When Gabriel Fahrenheit invented the first mercury thermometer, he called "zero degrees" the lowest temperature he was able to attain with a mixture of ice and salt. For the upper point of his scale, he used 96°, which he measured as normal human body temperature (we know it to be 98.6° today because of more accurate thermometers).

For a complete list of videos, visit our video library