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

Author Question: GDP measures the total income of everyone and the total spending by everyone in the economy. (Read 104 times)

javeds

  • Hero Member
  • *****
  • Posts: 570
on: Apr 19, 2019

Question 1

Which prices are used to measure goods and services in calculating GDP?


◦ past year prices
◦ current prices
◦ average prices
◦ projected prices

Question 2

GDP measures the total income of everyone and the total spending by everyone in the economy.


◦ true
◦ false
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by javeds on Apr 19, 2019

mceravolo

  • Sr. Member
  • ****
  • Posts: 349
Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 64% of students answer this correctly


javeds

  • Hero Member
  • *****
  • Posts: 570
Reply #2 on: Apr 19, 2019
Thank you!


mceravolo

  • Sr. Member
  • ****
  • Posts: 349
Reply #3 on: Apr 19, 2019
Always glad to help...


« previous next »
 

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates’s recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

There are more bacteria in your mouth than there are people in the world.

Did you know?

About 600,000 particles of skin are shed every hour by each human. If you live to age 70 years, you have shed 105 pounds of dead skin.

Did you know?

Every flu season is different, and even healthy people can get extremely sick from the flu, as well as spread it to others. The flu season can begin as early as October and last as late as May. Every person over six months of age should get an annual flu vaccine. The vaccine cannot cause you to get influenza, but in some seasons, may not be completely able to prevent you from acquiring influenza due to changes in causative viruses. The viruses in the flu shot are killed—there is no way they can give you the flu. Minor side effects include soreness, redness, or swelling where the shot was given. It is possible to develop a slight fever, and body aches, but these are simply signs that the body is responding to the vaccine and making itself ready to fight off the influenza virus should you come in contact with it.

Did you know?

There are 20 feet of blood vessels in each square inch of human skin.

Global Stratification: Income of the World's Nations Global Stratification: Income of the World's Nations
Race-Ethnicity and Income Extremes Race-Ethnicity and Income Extremes
Compression ratio is the ratio of the total cylinder volume (when the piston is at the bottom of ... Compression ratio is the ratio of the total cylinder volume (when the piston is at the bottom of ...
(a) A turbidometry detector measures laser light directly across from the light source. The sample, ... (a) A turbidometry detector measures laser light directly across from the light source. The sample, ...
Relationship between Income per Capita and Population Growth Relationship between Income per Capita and Population Growth
Children's behaviour rating scores on measures of aggression and anxiety Children's behaviour rating scores on measures of aggression and anxiety
Video: Introduction to Sickle Cell Anemia

For a complete list of videos, visit our video library