This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Which of the following is included as government purchases in gross domestic product (GDP)? a. ... (Read 81 times)

nmorano1

  • Hero Member
  • *****
  • Posts: 598
on: Jun 30, 2018
Which of the following is included as government purchases in gross domestic product (GDP)?
 a. Social Security payments to elderly citizens
 b. Welfare benefits distributed to the poor
 c. Outright grants from government to recipients
 d. Payments to clerical workers hired by government
  e. Unemployment compensation benefits

Question 2

If a union is able to successfully lobby Congress to limit imports of rival products, and thus to raise the demand (and thus price) for the goods or services they make, then which of the following best describes the outcome?
 a. The supply of labor will increase.
 b. The demand for labor will increase.
  c. The supply of labor will decrease.
  d. The demand for labor will decrease.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

elizabethrperez

  • Sr. Member
  • ****
  • Posts: 344
Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

b


nmorano1

  • Member
  • Posts: 598
Reply 2 on: Jun 30, 2018
Excellent

ryhom

  • Member
  • Posts: 366
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Although not all of the following muscle groups are commonly used, intramuscular injections may be given into the abdominals, biceps, calves, deltoids, gluteals, laterals, pectorals, quadriceps, trapezoids, and triceps.

Did you know?

Acute bronchitis is an inflammation of the breathing tubes (bronchi), which causes increased mucus production and other changes. It is usually caused by bacteria or viruses, can be serious in people who have pulmonary or cardiac diseases, and can lead to pneumonia.

Did you know?

Common abbreviations that cause medication errors include U (unit), mg (milligram), QD (every day), SC (subcutaneous), TIW (three times per week), D/C (discharge or discontinue), HS (at bedtime or "hours of sleep"), cc (cubic centimeters), and AU (each ear).

Did you know?

HIV testing reach is still limited. An estimated 40% of people with HIV (more than 14 million) remain undiagnosed and do not know their infection status.

Did you know?

About 100 new prescription or over-the-counter drugs come into the U.S. market every year.

How to use the product rule to find the derivative of a function How to use the product rule to find the derivative of a function
Find the two integers that have a sum of 20 and a maximum product Find the two integers that have a sum of 20 and a maximum product
A government of Ontario 364-day T-bills with a face value of $50 000 were purchased on January ... A government of Ontario 364-day T-bills with a face value of $50 000 were purchased on January ...
After 159 days,she paid a maturity value of $11,626, which included interest of $814. After 159 days,she paid a maturity value of $11,626, which included interest of $814.
The phenotype of an organism is the product of interactions The phenotype of an organism is the product of interactions
Sonal bought a coat for $198.88, which included 8% PST and 5% GST. What was the selling price ... Sonal bought a coat for $198.88, which included 8% PST and 5% GST. What was the selling price ...
Video: Protein Secondary and Tertiary Structures - Animation

For a complete list of videos, visit our video library