GDP excludes:
A. the market value of unpaid work in the home.
B. the production of services.
C. the production of nondurable goods.
D. positive changes in inventories.
A. the market value of unpaid work in the home.
Economics
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A change in the multiplier (k) will change the
A) slope of the IS curve. B) slope and the position of the IS curve. C) slope of the LM curve. D) position of the LM curve.
Economics
If the government imposes a price floor at $10 (i.e. the price must be $10 or higher) in the above market, how many goods will be traded?
a. Four b. Five c. Six d. Seven
Economics