All of the following are income in kind EXCEPT
A) income received from family members.
B) services produced in the home.
C) government provided food stamps.
D) government provided medical aid.
Answer: A
Economics
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When a tax is imposed on a good or a service, the marginal benefit of the last unit bought ________ the marginal cost of the last unit
A) is equal to B) is greater than C) is less than D) None of the above answers is correct because there is no consistent relationship between the marginal benefit of the last unit and its marginal cost. E) is not able to be compared to
Economics
The values of real GDP and real GNP are almost the same in countries where a significant fraction of domestic production takes place in foreign-owned firms
Indicate whether the statement is true or false
Economics