Day laborers who are in the United States illegally and work off the books are:
A. part of the nonmarket transactions that are omitted from GDP.
B. part of the underground economy, which is not measured in GDP.
C. production by noncitizens, which is included in GNP but not in GDP.
D. one of the items included in the genuine progress indicator.
Answer: B
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Which of the following lowers the equilibrium price of a canoe?
A) an increase in the supply of canoes B) an increase in the demand for canoes C) an increase in the quantity of canoes supplied D) a decrease in the supply of canoes E) Both answers A and B are correct.
One standard method of determining just compensation is the comparable sales method. What is the comparable sales method, and why might some individuals perceive this method to be unfair?
What will be an ideal response?
What is game theory and what light does it shed on the duopolists' dilemma?
What will be an ideal response?
Managers of profit centers earn more when their divisions
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