Nominal gross domestic product (GDP) is measured in terms of the _____
a. current-year prices
b. base-year prices
c. export of goods and services
d. amount of taxes collected
e. hours of employment
a
Economics
You might also like to view...
Suppose the extra cost for a company to advertize for one extra day each week on a local TV station is $1,500. Then, the company should advertize on that additional day if it can generate total revenue of $1,500 each week
Indicate whether the statement is true or false
Economics
Unemployment involving a mismatch of the skills of unemployed workers and the skills required for available jobs is called:
A. frictional unemployment. B. structural unemployment. C. cyclical unemployment. D. compositional unemployment.
Economics