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Author Question: Compensation of employees: a. excludes the monetary value of fringe benefits. b. excludes paid ... (Read 200 times)

Diane

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on: Jun 30, 2018
Compensation of employees:
 a. excludes the monetary value of fringe benefits.
  b. excludes paid vacations.
  c. is the largest component of GDP.
  d. excludes employer's taxes paid for employees' Social Security.
  e. includes rental income.

Question 2

The aggregate demand curve shows how real GDP purchased varies with changes in:
 a. unemployment.
  b. output.
  c. the price level.
  d. the interest rate.


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ms_sulzle

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Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

c


Diane

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Reply #2 on: Jun 30, 2018
Thank you


ms_sulzle

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Reply #3 on: Jun 30, 2018
No problemo


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