Suppose the economy is operating at its full-employment-noninflationary GDP and the MPC is .75. The federal government now finds that it must increase spending on military goods by $21 billion in response to deterioration in the international political

The absolute value of the slope of an indifference curve equals the ratio of the marginal utilities of the two goods involved

Indicate whether the statement is true or false

GDP tends to overstate economic well-being because it takes into account:

A.  All of the illegal activities conducted by organized crime in the economy B.  Spending on intermediate goods that are used to produce final goods C.  Total spending to deal with the adverse health effects of some products D.  The personal labor time that car owners spend working on car repairs and maintenance of their vehicles