GDP does not include which of the following activities?
A. Businesses installing anti-pollution equipment
B. Households spending to enhance security of their neighborhoods
C. Couples remodeling their own homes
D. Families eating out in restaurants
C. Couples remodeling their own homes
Economics
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_____ a cornerstone of the market economy
a. Mutually beneficial exchange is b. A strong central bank c. Monopoly rents are d. Government regulation is
Economics
Active policy making refers to
A) actions taken by policy makers in response to or in anticipation of some change in the overall economy. B) policy making that is carried out in response to a rule. C) relying on policies that act as automatic stabilizers. D) nondiscretionary policy making.
Economics