Government statisticians adjust GDP figures to include estimates of

A) the value of homemaking (work done within the home).
B) the underground economy.
C) child-rearing services provided by stay-at-home parents.
D) the costs of pollution to society.

B

Economics

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Refer to the above figure. If real disposable income is less than $5,000, then saving is

A) negative. B) 0. C) positive. D) none of the above: cannot be determined with the given information.

Economics

The market demand curve for any good is:

a. independent of individuals' demand curves for the good. b. the vertical summation of individuals' demand curves. c. the horizontal summation of individuals' demand curves. d. derived from the firm's marginal cost of production.

Economics