Which of the following are not included in GDP?
a. Transfer payments
b. Imports
c. Intermediate goods.
d. All of the above are excluded from GDP.
d
You might also like to view...
If the interest rate is 5 percent, the net present value of $200 to be received two years from now is
a. $165.29. b. $181.41. c. $200. d. $210.
Refer to the table shown, which shows the demand schedule for a product sold by a monopolist. Marginal revenue is closest to zero:Price of product($)Quantity demanded per year$143$124$105$86$67
A. for every price. B. when price is below $10. C. when price is above $10. D. when price is $10.
What is the cost of transactions as it relates to the harm caused by inflation?
A. The cost associated with the time and effort of managing your spending B. Production costs plus profit C. The cost of the products whose prices are rising D. The cost of the BLS market basket
The observed unemployment rate is less than the natural rate of unemployment if:
a. the inflation rate is lower than expected. b. the reservation wage is adjusted to account for higher inflation. c. real wage increases with increase in prices. d. reservation wages go up with the rate of inflation. e. the inflation rate is higher than expected.