The reason only newly produced goods and services are counted in GDP is that ________
A) it is very difficult to impute a value to used goods
B) most expenditures on used goods and services take place outside the market
C) it does not help economists make better economic predictions because second-hand goods rarely have any residual value
D) it allows economists to avoid double counting the production of goods and services
E) none of the above
D
Economics
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Which of the following is an example of group price discrimination?
A) Senior citizen discounts. B) Buy two, get one free. C) Buy one, get another half off. D) None of the above.
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The coefficient of determination measures the proportion of the variation in the independent variable that is "explained" by the regression line
a. true b. false
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