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Author Question: Per capita gross national income (GNI) increases when (Read 28 times)

shofmannx20

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on: Apr 19, 2019

Question 1

GDP understates the value of output produced by an economy because it


◦ includes environmental degradation caused by increased output production.
◦ excludes value added from the underground economy, such as tips taken "under the table."
◦ includes transactions that do not take place in organized markets, such as home-cooked meals.
◦ excludes the value of the wages and fringe benefits of government employees.

Question 2

Per capita gross national income (GNI) increases when


◦ GNI and the population increase at the same rate.
◦ GNI does not change and the population increases.
◦ GNI and the population decrease at the same rate.
◦ GNI increases and the population does not change.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by shofmannx20 on Apr 19, 2019

olderstudent

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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.
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shofmannx20

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Reply 2 on: Apr 19, 2019
Wow, this really help

ebonylittles

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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