Using the income approach, indirect business taxes have to be added to get gross domestic product because the:
a. selling price of a product includes these taxes, which are income to the governmentrepresent ing the public interest of households.
b. selling price of a product includes these taxes, which are resource payments.
c. selling price of a product excludes these taxes and therefore they have to be added.
d. selling price includes these taxes which are actually not income to any sector of the economy.
Question 2
The aggregate demand curve:
a. shows the level of real GDP purchased in the economy at different possible price levels during a period of time.
b. shows the level of real GDP produced in the economy at different possible price levels during a period of time.
c. shifts to the left whenever there is an increase in aggregate expenditures.
d. slopes upward.
The cladistic approach from molecular genetic data
Competition can be (a) direct, or (b) indirect interaction among individuals of the same or differen
Technique of Indirect Fist Percussion: Left Kidney
The human eye, a product of 600 million years of evolution (Lamb, Collin, & Pugh, 2007).
Saving Rates by Income Quintile, 2003
Construct a Lorenz curve that shows income distribution in this society.