Which of the following items is included in GDP?       the sale of stocks and bonds   the sale of used goods   the sale of services such as those performed by a doctor   All of the above are included in GDP.

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Q: F2

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A: Cost of Machine = 10000 Down Payment = 2000 PMT = 750 per year n = 15 Years

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A: Nominal GDP is the GDP calculated using current Year prices and current year quantity. nominal GDP =…

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A: Answer explained below Explanation: Step 1:

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Q: QUESTION: Use the sheet 1( picture below) utility function and parameter values to find the optimal…

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Q: Which of the following is INCORRECT? O The multiplier dampens the increase in income that occurs…

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Q: 6. Violations of the factor-endowment theory of trade While different natural resources and the…

A: Factor endowment theory explains that the country will export the good if it is relatively abundant…

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Q: You have a field on which you can grow two types of crops, barley and wheat. The field has 30 acres…

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Q: Sam likes Pepsi (P) twice as much as he likes Coke (C). Assume the price of Pepsi is $3 and the…

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A: Cost is the value of goods and services in the terms of money.

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A: In the study of economics, the term utility can be defined as the total satisfaction or benefit that…