[Answered] The value added at all stages of production sums to the market value of the final good, and the ...

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Author Question: The value added at all stages of production sums to the market value of the final good, and the ... (Read 32 times)

Pea0909berry

Hero Member
Posts: 573

on: Jun 30, 2018

The value added at all stages of production sums to the market value of the final good, and the value added for all final goods sums to GDP based on the income approach.
a. True
b. False
Indicate whether the statement is true or false

Question 2

The unemployment problem becomes more severe if prices are sticky downward.
a. True
b. False
Indicate whether the statement is true or false

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TDubDCFL

Sr. Member
Posts: 357

Reply #1 on: Jun 30, 2018

Answer to Question 1

True

Answer to Question 2

True

Pea0909berry

Hero Member
Posts: 573

Reply #2 on: Jun 30, 2018

Correct answers!

TDubDCFL

Sr. Member
Posts: 357

Reply #3 on: Jun 30, 2018

Great! Please up vote

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Author Question: The value added at all stages of production sums to the market value of the final good, and the ... (Read 32 times)

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