Which of the following might result in an underestimation of GDP?
a. Significant underground activity such as trade in illegal drugs
b. Sales of used cars
c. Many intermediate goods
d. Imported goods
e. Exported goods
A
Economics
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Among the accomplishments of Nobel Laureate Simon Kuznets is his pioneering research on
a. the sunspot theory of cycles b. war-induced cycles c. population-induced cycles d. innovation cycles e. housing cycles
Economics
________: the process of purchasing commodities in one market at a low price and rapidly selling them in another market at a higher price
Fill in the blank(s) with correct word
Economics