Which of these will be included in US GDP for 2005, Microeconomics

Which of these will be included in US GDP for 2005?
a) A car produced in Japan in 2005 and sold in the US in 2005
b) A car produced in the US in 2004 and sold in Japan in 2005
c) A car produced in the US in 2004 and sold in the US in 2005
d) A car produced in the US in 2005 and sold in Japan in 2006
e) A car produced in Japan in 2004 and sold in the US in 2005
Ans. d
Which of the following scenarios best illustrates the concept of cyclical unemployment?
a) Grace loses her job because of new automated machinery
b) Sean quits his job to look for work that is more fun
c) Ellen is unqualified for most jobs because she dropped out of high school
d) Marian loses her job because of a recession
Ans. b
Posted Date: 5/9/2014 5:44:34 AM | Location : USA







Related Discussions:- Which of these will be included in US GDP for 2005, Assignment Help, Ask Question on Which of these will be included in US GDP for 2005, Get Answer, Expert's Help, Which of these will be included in US GDP for 2005 Discussions

Write discussion on Which of these will be included in US GDP for 2005
Your posts are moderated
Related Questions
(a) Give an overview of the Concept of Land Economic (b) Provide a definition of Land/Economics (c) Discuss the origin of Land Economics (d) Modern and Traditional Land Ec

Ask question # how do you formulate a demand and supply equations when you a table of prices, quantity demanded and supplied?

There are various implications of the monopoly model; many of which lead to criticisms of monopoly on issues of both technical /allocative efficiency.  The prices and output verifi

Absolute advantage is the simplest yardstick of economic performance and it may be simply describe as If one person or a firm or a country may produce more of something with the sa

Allocation Function The shifting or reallocation of production property into or out of markets based on shifts in prices for the products or services produced in that market.

The Cost Minimizing Input Choice - Assumptions Two Inputs: Labor (L) & capital (K) Price of labor: wage rate (w) The capital price - R = depreciation ra


using necessary and sufficient condition explain consumer surplus diagrammically and mathematically?

Explain how monetary and fiscal policies can be used to alleviate (= lessen) dissimilar types of inflation.  Define monetary and fiscal policies and show how these policies mig

2. You are examining the effects of a specific tax of 10 cents imposed on the sales of a product that we shall call XYZ. To carry out your analysis, assume that the market is a per