A sharp increase in the divorce rate increases the number of lawyers hired to determine divorce settlements. This will
A) decrease GDP and increase well-being in the economy.
B) decrease GDP and decrease well-being in the economy.
C) increase GDP and decrease well-being in the economy.
D) increase GDP and increase well-being in the economy.
C
Economics
You might also like to view...
The simple circular flow of income shows that the total income in an economy equals
A) all taxes paid by households. B) total expenditures. C) the total amount of money supplied by the government. D) total profits earned by firms.
Economics
The costs affecting decisions to supply are always
A) accounting costs. B) marginal costs. C) past costs. D) per unit costs. E) non-taxable costs.
Economics