Which of the following is included in the computation of gross domestic product?
(a) Government transfer payments, such as unemployment benefits
(b) Purchases of used goods, such as used cars
(c) Child care tasks performed by househusbands
(d) Total value of business inventories
(e) Additions to business inventories
Ans: (e) Additions to business inventories
Economics
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Describe the technology transfer benefit of capital flows and the political power cost of large capital flows into low-income countries
What will be an ideal response?
Economics
The discount rate is
a. the interest rate the Fed charges banks. b. one divided by the difference between one and the reserve ratio. c. the interest rate banks receive on reserve deposits with the Fed. d. the interest rate that banks charge on overnight loans to other banks.
Economics