GDP would be a better measure of economic well-being if it included:
A. the value of leisure.
B. the market value of final goods.
C. the costs of education.
D. the total value of intermediate goods.
Answer: A
Economics
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Refer to the figure below. If Cory chooses A, then Jess's best response is: 
A. to choose A. B. to choose the cell in which Jess's payoff is 10. C. non-existent. D. to choose B.
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Refer to Figure 15-15. The firm would maximize profit by producing
A) Q1 units. B) Q2 units. C) Q3 units. D) Q4 units.
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Why are transfer payments excluded from the GDP and NI? Why should they be counted as a part of personal income?
What will be an ideal response?
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Which of the following can be an outcome of a budget deficit?
a. Outflow of foreign financial capital b. Weaker exchange rate c. Trade deficit d. Trade surplus
Economics