In the determination of production of goods or services with respect to GDP, transfer payments are included.

Over the last 50 years,

a. how has the labor force participation rate changed? b. how have the men's and women's labor force participation rates changed?

Fill in the blank: According to the authors of your text, traffic congestion can be reduced by ________ the spillover costs associated with driving

A) modernizing B) estimating C) externalizing D) internalizing