« previous next »

Author Question: Which of the following is a problem associated with gross domestic product (GDP) as a measure of ... (Read 122 times)

Mr. Wonderful

  • Hero Member
  • *****
  • Posts: 866
on: Jun 30, 2018
Which of the following is a problem associated with gross domestic product (GDP) as a measure of social welfare?
 a. It includes many nonmarket activities.
 b. It takes into account the value of only those goods which are widely used.
  c. It takes into account the cost of environmental damage caused by pollution.
  d. It includes intermediate goods as a separate entry.
 e. It excludes the value of leisure time.

Question 2

Compared to a competitive input market, a monopsonist will hire:
 a. more and pay a higher input price.
  b. less but pay a higher input price.
  c. more but pay a lower input price.
  d. less and pay a lower input price.


recede

  • Sr. Member
  • ****
  • Posts: 315
Reply #1 on: Jun 30, 2018
Answer to Question 1

e

Answer to Question 2

d


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

Mr. Wonderful

  • Hero Member
  • *****
  • Posts: 866
Reply #2 on: Jun 30, 2018
Thank you


recede

  • Sr. Member
  • ****
  • Posts: 315
Reply #3 on: Jun 30, 2018
No problemo


« previous next »
 

Did you know?

In the United States, there is a birth every 8 seconds, according to the U.S. Census Bureau's Population Clock.

Did you know?

The training of an anesthesiologist typically requires four years of college, 4 years of medical school, 1 year of internship, and 3 years of residency.

Did you know?

Long-term mental and physical effects from substance abuse include: paranoia, psychosis, immune deficiencies, and organ damage.

Did you know?

The most common treatment options for addiction include psychotherapy, support groups, and individual counseling.

Did you know?

People with alcoholism are at a much greater risk of malnutrition than are other people and usually exhibit low levels of most vitamins (especially folic acid). This is because alcohol often takes the place of 50% of their daily intake of calories, with little nutritional value contained in it.

Problem-Solving in Hangman Problem-Solving in Hangman
Practice Problem 86 You are studying the regulatory DNA of a mouse gene expressed in developing ... Practice Problem 86 You are studying the regulatory DNA of a mouse gene expressed in developing ...
A partial stream sampling exhaust probe being used to measure exhaust gases in parts per million ... A partial stream sampling exhaust probe being used to measure exhaust gases in parts per million ...
Sequence Series Arithmatic Progression Problem Sequence Series Arithmatic Progression Problem
Genetics problem solved Genetics problem solved
Identification of the numbers in the Word Problem Identification of the numbers in the Word Problem
Video: Stroke volume - contractility definition

For a complete list of videos, visit our video library