The above (incomplete) table provides information about the relationships between labor and various product measures. The total product that can be produced with 6 units of labor is
A) 20.
B) 19.
C) More information is needed to answer the question.
D) None of the above answers is correct.
A
Economics
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The value of unpaid childcare services provided by a stay-at-home dad ________ included in GDP; the value of daycare services purchased from a licensed childcare provider ________ included in GDP.
A. is; is B. is not; is C. is; is not D. is not; is not
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If this is an open economy, the price of a car will be ________.
A. $8,000/car B. $6,000/car C. $10,000/car D. $14,000/car
Economics