When the Art Institute of Chicago purchases a painting by Mary Cassatt that she produced in Paris in 1885, this would not be included in the U.S. GDP for 2015
a. True
b. False
Indicate whether the statement is true or false
True
Economics
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What is the value of marginal product of labor? What is the formula that can be used to calculate it? How does the value of marginal product affect how much labor a firm hires?
What will be an ideal response?
Economics
The real price trendline for non fuel primary commodities from 1960-2005 has been
(a) Unchanged (b) Steadily increasing (c) Steadily decreasing (d) First decreased and then increased.
Economics