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

Author Question: The gross domestic product (GDP) excludes: a. the value of a new building. b. the value of new ... (Read 83 times)

Mollykgkg

  • Hero Member
  • *****
  • Posts: 529
on: Jun 30, 2018
The gross domestic product (GDP) excludes:
 a. the value of a new building.
 b. the value of new stocks and shares.
 c. the cost of a new vending machine.
 d. government expenditure on a new bridge.
 e. the money spent on the purchase of legal services by a household.

Question 2

In a competitive labor market, the change in total labor costs divided by the change in labor is always equal to:
 a. one.
  b. the wage rate.
  c. the number of firms in the market.
  d. the change in total revenue.
  e. the competitive market price of the output.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Heffejeff

  • Sr. Member
  • ****
  • Posts: 336
Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

b


Mollykgkg

  • Member
  • Posts: 529
Reply 2 on: Jun 30, 2018
:D TYSM

ebonylittles

  • Member
  • Posts: 318
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Adults are resistant to the bacterium that causes Botulism. These bacteria thrive in honey – therefore, honey should never be given to infants since their immune systems are not yet resistant.

Did you know?

A headache when you wake up in the morning is indicative of sinusitis. Other symptoms of sinusitis can include fever, weakness, tiredness, a cough that may be more severe at night, and a runny nose or nasal congestion.

Did you know?

Alzheimer's disease affects only about 10% of people older than 65 years of age. Most forms of decreased mental function and dementia are caused by disuse (letting the mind get lazy).

Did you know?

The Romans did not use numerals to indicate fractions but instead used words to indicate parts of a whole.

Did you know?

The types of cancer that alpha interferons are used to treat include hairy cell leukemia, melanoma, follicular non-Hodgkin's lymphoma, and AIDS-related Kaposi's sarcoma.

Teresa Hubbard and Alexander Birchler, Detached Building. Teresa Hubbard and Alexander Birchler, Detached Building.
Renzo Piano Building Workshop, Aerial view of Kansai International Airport, Osaka, Japan. Renzo Piano Building Workshop, Aerial view of Kansai International Airport, Osaka, Japan.
Always connect an exhaust hose to the tailpipe of a vehicle to be run inside a building. Always connect an exhaust hose to the tailpipe of a vehicle to be run inside a building.
Importance of Considering Gestalt Principles in Product Design (2 of 2) Importance of Considering Gestalt Principles in Product Design (2 of 2)
Andean-Type Mountain Building Andean-Type Mountain Building
Hen feathering (left) and cock feathering (right) in domestic fowl Hen feathering (left) and cock feathering (right) in domestic fowl
Video: Gas exchange - driving force

For a complete list of videos, visit our video library