Which one of these is counted in GDP?

A. The purchase of a used car

B. The purchase of 100 shares of IBM

C. Government spending on a NASA project to go to Venus

D. The purchase of a 10-year-old office building


C. Government spending on a NASA project to go to Venus

Economics

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Vertical relationships can increase profits through

a. preventing firms from evading regulation b. creating a double-markup problem c. making the incentives of manufacturers and retailers unaligned d. facilitating price discrimination

Economics

____ experience lower rates of unemployment than do ____

a. Teenagers; adults b. Adult males; adult females c. Skilled workers; unskilled workers d. Black females; white females

Economics

How does an import quota differ from an equivalent tariff?

Economics

Suppose that a product benefits from a successful advertising campaign. The result is that:

A. the demand for the product increases. B. the demand for the product decreases. C. the supply of the product increases. D. the supply of the product decreases.

Economics