GDP estimates account for which of the following items?
A. Do-it-yourself activities
B. "Psychic income" people derive from their work
C. Household spending for health and home insurance
D. Improvements in product quality
C. Household spending for health and home insurance
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The Sarbanes-Oxley Act was passed in response to the 2007-2009 financial crisis
Indicate whether the statement is true or false
Why might network externalities result in products that contain inferior technologies?
What will be an ideal response?
In response to an unanticipated easing of monetary policy, the Fed funds rate ________ at first, then ________ after 6 to 12 months
A) rises; returns most of the way to its original value B) falls; returns most of the way to its original value C) remains roughly unchanged; rises significantly D) remains roughly unchanged; falls significantly
Suppose that Year 1 is the base year. The CPI for Year 2 is approximately
A) 100.0. B) 135.0. C) 170.0. D) 240.0.