The value of unpaid work by a homemaker ________ included in GDP and the value of housekeeping services sold in a market ________ included in GDP.
A. is not; is
B. is; is not
C. is; is
D. is not; is not
Answer: A
You might also like to view...
There is a growing market for buying and selling information about the online behavior of consumers. Most people use one of only a small number of search engines (such as Google, Bing, or Yahoo!) when surfing the net
It has been hard for new search engines to gain any market share. The market for search is best considered as A) perfectly competitive. B) oligopoly. C) monopolistically competitive. D) monopoly.
If the dollar price of one South African rand (ZAR) increases from $0.076 in 1999 to $0.083 in 2003, we can say that the reciprocal exchange rate moved from:
a. $1 = ZAR 13.2 in 1999 to $1 = ZAR 12.0 in 2003. b. $1 = ZAR 12.0 in 1999 to $1 = ZAR 13.2 in 2003. c. $1 = ZAR 0.076 in 1999 to $1 = ZAR 0.083 in 2003. d. ZAR 1 = $0.083 in 1999 to ZAR 1 = $0.076 in 2003. e. $1 = ZAR 176 in 1999 to $1 = ZAR 183 in 2003.
Liberalism aims to raise the welfare of the worst-off person in society. This rule is called the
a. minimax regret criterion. b. conservative approach. c. Nozick criterion. d. maximin criterion.
If bagels and doughnuts are substitutes, then a decrease in the price of doughnuts will result in
A. An increase in the demand for bagels. B. An increase in the demand for doughnuts. C. A decrease in the demand for bagels. D. A decrease in the demand for doughnuts.