Included in gdp but probably should be

Assignment Help Business Economics
Reference no: EM13888392

Which of the following are not included in GDP but probably should be?

A- The value of second-hand products bought at thrift shops and yard sales.

B- Financial asset transactions.

C- Transactions in the underground economy.

D-The value of leisure

Reference no: EM13888392

Questions Cloud

The offeree intended to accept the offer : Contract law requires proof that the offeree 'intended' to accept the offer. It is not an uncommon defense for the offeree to allege that she did not intend to accept the offer. How would an offeror prove that the offeree did was bound by the offer a..
What is the frequency of the emergency lights : You've entered the Great Space Race. Your engines are hearty enough to keep you in second place. While racing, the person in front of you begins to have engine troubles and turns on his emergency lights that emit at a frequency of 5.590 multiply.g..
Assignment on the service-oriented architecture : Assignment  : The Service-Oriented Architecture
What convergence of external opportunities and threats : What are the consequences of not addressing this issue? What convergence of external opportunities and threats, system strengths and weaknesses, health status findings or community themes make this an issue?
Included in gdp but probably should be : Which of the following are not included in GDP but probably should be?
Use the given graph of the function to find the x-values : Use the given graph of the function to find the x-values for which f is not differentiable.Answer (separate by commas): x=
Cost function-what are elements required to form contract : A firm making external hard drives has a cost function c(y) = 4y + 1000. Its demand function is y = 200 – 0.5p. a. Calculate the profit-maximizing price and quantity. b. The firm decides to enter the Mexican market. It determines that its demand func..
What is total quality management (tqm)? : What is quality? What is total quality management (TQM)? What is Six Sigma?
About the standard deviation : The time needed to complete an exam is normally distributed with (M,O^2) If 2.28% of the class can expect to complete the exam within an hour or less, and if 6.68% of the class need more than an hour and 35 minutes to complete the same exam, then wha..

Reviews

Write a Review

Business Economics Questions & Answers

  Rent seeking

Rent seeking:

  What is the equilibrium quantity of bicycles

Suppose we have the following market supply and demand schedules for bicycles: Price Quantity Demanded Quantity Supplied $100 70 30 $200 60 40 $300 50 50 $400 40 60 $500 30 70 $600 20 80. Plot the supply curve and the demand curve for bicycles. What ..

  The flour is used to bake bread that sells to consumers

We grow wheat that sells for $40,000. The wheat is milled into flour that sells for $55,000. The flour is used to bake bread that sells to consumers for $90,000. Typically, a period where GDP is falling for at least 6 months is considered to be:

  What is best allocation of workers between the two plants

Suppose you manage a rm with two production plants. The marginal product of labor at plant 1 is MP1 = 1400 - L1 where L1 is the number of workers employed in plant 1. The marginal product of labor at plant 2 is MP2 = 2000 - L2 where L2 is the number ..

  Explain the meaning of this phrase as you see it

Macintyre in his account of Aristotelian virtue, states that integrity is the one trait of character that encompasses all the others. How does integrity relate to as Macintyre said, the wholeness of a human life?David Starr Jordan (1851 1931) an edu..

  Decreasing or uncertain effect on the level of average cost

Indicate whether each of the following involves an upward or downward shift in the long run average cost curve or, instead, involves a leftward or rightward movement along a given curve. Also indicate whether each will have an increasing, decreasing,..

  Unemployment-inflation and aggregate demand

Apply one (1) of the following economic concepts (supply, demand, market structures, elasticity, costs of production, GDP, Unemployment, inflation, aggregate demand, and aggregate supply) to the key points that you highlighted in Question 1.

  Qthe money demand as well as curve is given by the

q.the money demand as well as curve is given by the following equation md 5000 - 10000r 5y md is money demand as well

  Find an article that shows the use of money

Find an article (newspaper, magazine, or online) that shows the use of money. Your article shows money performing (or failing to perform) at least one of the following functions: (a) medium of exchange, (b) store of value, or (c) standard of value. W..

  Fed makes open market bond purchases

Explicate Illustrate what happens to the interest rates when the Fed makes open market bond purchases.

  Determine the profit-maximizing output for firm

A perfectly competitive firm’s cost of producing q units of output is T C = 18 + 4q + q2. Its corresponding marginal cost is MC = 2q + 4. The firm faces a market price p = $24. Determine the profit-maximizing output for the firm and the corresponding..

  Charge of development for a developing country

Imagine you are in charge of development for a developing country and were approached by a multinational corporation interested in locating in your country. Identify some of the benefits and some of the costs to the host country from allowing a multi..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd