The Paradox of Value is resolved by the willingness for an individual to pay a high price for a good or service that has a high marginal utility per dollar

The purchase of stocks and bonds is included in which component of GDP?

a. saving b. investment c. consumer spending d. They are not included in GDP.

A major drawback associated with the assessment of income distribution is that they neglect the effects of taxes and in-kind transfers

Indicate whether the statement is true or false