If a man marries his hired housekeeper, the value of GDP:
a. rises.
b. falls.
c. is unchanged.
d. rises, but the value of GDP falls.
b
Economics
You might also like to view...
How can the long-run equilibrium level of real Gross Domestic Product (GDP) increase without the price level changing?
What will be an ideal response?
Economics
During the early years of the Great Depression, a study of the money aggregates reveals that the money multiplier:
A. was at an all-time high. B. decreased. C. was constant from 1929 through 1936. D. increased from 1929 right through 1936.
Economics
The U.S. has free trade agreements only with Mexico and Canada
Indicate whether the statement is true or false
Economics
Lydia was born with an aptitude for composing music. This aptitude is an example of
A. property. B. natural capital. C. human capital. D. a compensating differential.
Economics