« previous next »

Author Question: If the underground economy is sizable, then GDP will: a. understate the economy's performance. b. ... (Read 72 times)

chandani

  • Hero Member
  • *****
  • Posts: 541
on: Jun 30, 2018
If the underground economy is sizable, then GDP will:
 a. understate the economy's performance.
  b. overstate the economy's performance.
  c. fluctuate unpredictably.
  d. accurately reflect this subterranean activity.

Question 2

The real balances effect occurs because a higher price level will reduce the real value of people's:
 a. financial assets.
  b. wages.
  c. unpaid debt.
  d. physical investments.


Jevvish

  • Sr. Member
  • ****
  • Posts: 326
Reply #1 on: Jun 30, 2018
Answer to Question 1

a

Answer to Question 2

a


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

It is believed that the Incas used anesthesia. Evidence supports the theory that shamans chewed cocoa leaves and drilled holes into the heads of patients (letting evil spirits escape), spitting into the wounds they made. The mixture of cocaine, saliva, and resin numbed the site enough to allow hours of drilling.

Did you know?

The senior population grows every year. Seniors older than 65 years of age now comprise more than 13% of the total population. However, women outlive men. In the 85-and-over age group, there are only 45 men to every 100 women.

Did you know?

It is widely believed that giving a daily oral dose of aspirin to heart attack patients improves their chances of survival because the aspirin blocks the formation of new blood clots.

Did you know?

It is important to read food labels and choose foods with low cholesterol and saturated trans fat. You should limit saturated fat to no higher than 6% of daily calories.

Did you know?

The Centers for Disease Control and Prevention has released reports detailing the deaths of infants (younger than 1 year of age) who died after being given cold and cough medications. This underscores the importance of educating parents that children younger than 2 years of age should never be given over-the-counter cold and cough medications without consulting their physicians.

An individual's performance can be limited by environmental conditions, such as temperature. Ac An individual's performance can be limited by environmental conditions, such as temperature. Ac
TEN RULES OF PERFORMANCE IN A REDESIGNED HEALTH CARE SYSTEM TEN RULES OF PERFORMANCE IN A REDESIGNED HEALTH CARE SYSTEM
Major Findings of the High Scope Preschool Study High Scope participants showed better academic per Major Findings of the High Scope Preschool Study High Scope participants showed better academic per
Example of an employee performance evaluation form. Example of an employee performance evaluation form.
A high-performance aftermarket air filter often can increase airflow into the engine for more ... A high-performance aftermarket air filter often can increase airflow into the engine for more ...
Effects of Retrieval Practice on Predicted and Actual Memory Performance Effects of Retrieval Practice on Predicted and Actual Memory Performance
Video: Muscle Fatigue and Recovery

For a complete list of videos, visit our video library