Which of the following transactions should should not be counted in GDP? Answer Yes or No and briefly explain your answer.

Explain how budgets are used to help monitor the implementation of a project.

23   Which of the following represents an opportunity for generating a new product?   Select one: a. demographic change, such as decreasing family size b. economic change, such as rising household incomes c. changes in professional standards d. understanding the customer e. all answers.

Thinking on the margin can be correctly described as a _____. A. process that helps maximize total benefit B. process that minimizes total cost C. process that can help firms decide how much of a good or service to produce D. process that helps firms set market prices of goods and services

2. The population of Tatoonia is very small. Luis works full-time for pay. Robin works one shift a week as counter help at a fast-food restaurant. Sheila is retired. Shawna does not work for pay, but is thinking about getting a job and has been looking through employment postings to see what is available. Bob has given up looking for work, after months of not finding anything. Ana, the only child in the country, is 12 years old. a. How would a household survey, following U.S. methods, classify each person? b. What is the labor force participation rate in Tatoonia? c. What is the unemployment rate in Tatoonia?

Economy  Using the appropriate graphs and terminology, explain why a city with 30,000 people is likely to have one hospital but 70 housecleaning service companies.

Procurement- Which one of the following is not a reason to purchase globally?   A. Product availability   B. Labor availability   C. Reserving capital for other purchases instead of using it for equipment needed.   D. Budget surplus to use before year end

A video on YouTube is a ?   A. private good B. club good C. common pool resource D. public good