Because of improved productivity, wages increase 10 percent. As a result, gross domestic income increases. What happens to Gross Domestic Product?
A) Gross Domestic Product decreases as people pay more taxes on their higher incomes.
B) Gross Domestic Product also increases since consumption expenditures would increase.
C) Gross Domestic Product would not change since consumption expenditures would rise but investment spending would fall.
D) Gross Domestic Product would decrease because businesses are spending more on wages.
B
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Fill in the blank(s) with correct word
The total variation is calculated in much the same way as the:
a. mean b. mode c. chi square d. standard deviation
Upon joining a Chinese street gang, a young person will become a cholo or chola.
Answer the following statement true (T) or false (F)
Focus on the legal right to exist in a society where people are free from arbitrary coercion
a. Human rights b. Civil liberties c. Civil rights d. Democracies