Lois sells ten sweaters she had knitted to a retail store. The gross domestic product (GDP) of her country _____
a. will increase
b. will decrease
c. will remain unaffected
d. will increase only if the sweaters are as good as the sweaters sold by other retailers
e. will increase if the price of each sweater is less than the cost of inputs required
a
Economics
You might also like to view...
If the budget deficit was eliminated, the federal government would have more money than it could spend
a. True b. False Indicate whether the statement is true or false
Economics
Which of the following is true about nuclear power?
A. It is likely to become a less and less important source of energy in the future. B. There are very few safety concerns surrounding its use. C. Its use does not contribute to global climate change. D. The cost of building and operating nuclear power plants is likely to fall.
Economics