Which of the following is likely to be excluded from the gross domestic product (GDP) of a country?

a. The value of the drugs being sold in a vacant lot
b. The value of the drugs being sold in a pharmacy
c. A doctor treating a patient in a hospital
d. The value of a new house bought by an individual
e. The value of new furnitures bought by an individual

a

Economics

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During a recession, the ________

A) number of discouraged workers decreases B) unemployment rate decreases C) employment-to-population ratio increases D) number of marginally attached workers increases

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Economists sometimes refer to the resource category land as natural resources

Indicate whether the statement is true or false

Economics