Which of the following is NOT one of the components for computing GDP based upon the income approach?

If the Bank of Japan permanently increases its money supply, then which of the following is most likely to take place in the short run?

a. Japanese prices will immediately decrease. b. Japanese prices will immediately increase. c. Japanese interest rates will increase. d. Japanese interest rates will decrease.

Refer to the scenario above. What is the equilibrium outcome in this case?

A) Both firms will dump their waste into the river. B) Neither of the firms will dump its waste into the river. C) Firm 1 will dump its waste into the river, while Firm 2 will not dump its waste. D) Firm 2 will dump its waste into the river, while Firm 1 will not dump its waste.