(A) Salary of the former President of the USA in 2019 who instead of working was either playing golf or flew out to complain about his loss of 59 million Twitter followers to Twitter CEO instead of working in the year 2019 is part of the year 2019 GDP. (Apparently those followers were bots (FAKE FOLLOWERS).(2021 Update: Now his followers are 0 since Twitter banned him permanently). (B) Laissez Faire means "Let people do what they choose to do". This means no role for government (C) Borrowers are the main winners during periods of unexpected inflation.
(A) Salary of the former President of the USA in 2019 who instead of working was either playing golf or flew out to complain about his loss of 59 million Twitter followers to Twitter CEO instead of working in the year 2019 is part of the year 2019 GDP. (Apparently those followers were bots (FAKE FOLLOWERS).(2021 Update: Now his followers are 0 since Twitter banned him permanently). (B) Laissez Faire means "Let people do what they choose to do". This means no role for government (C) Borrowers are the main winners during periods of unexpected inflation.
Chapter15: Gross Domestic Product
Section: Chapter Questions
Problem 1SQ
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10. A VERY BRIEF EXPLANATION ( FEW WORDS/1-2 LINES/RELEVANT GRAPH) MUST BE PROVIDED FOR A TRUE (T) AS WELL AS A FALSE RESPONSE AS WELL.
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