Which of the following items is definitely part of the underground economy?
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Which of the following items is definitely part of the underground economy? a. Payments to family members for performing household tasks b. Income from legal pursuits c. Unreported income d. Babysitting services provided by a legitimate company The fact that real GDP is greater than nominal GDP during the 1960-1980 periods implies that: a. Average price levels during this period must have been lower than during the base period. b. Per capita GDP must have increased. c. Average price levels must have decreased during this period. d. Production must have decreased during this period. The purpose of chain-weighted price adjustments in the calculation of GDP is to: a. Adjust for changes in relative prices. b. Adjust for changes in average prices. c. Adjust for changes in production. d. Convert NDP to GDP. A cartoon in the text shows two people watching television. On the screen are the words "Economic growth indicators are up, led by car repairs, divorce costs, open-heart surgeries, and toxic waste cleanups." The cartoon illustrates the: a. Difference between economic welfare and social welfare. b. Difference between GDP and national income. c. Problem of measuring the difference in wealth between the United States and other nations. d. Difference between GDP and NDP. Which of the following typically purchases the most goods and services in the U.S. economy? a. Foreigners b. Households c. Federal, state and local governments combined d. Businesses Any help would be great! I really need help!
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Answer:
get your textbook and do your own homework. 1) you will then LEARN the answer and 2) you should RETAIN the information for the tests and final exams
Craig F at Yahoo! Answers Visit the source
Other answers
Craig's correct. None of us is really helping you if we give you the answers.
Adam
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