The contributions to GDP in each if the following situations. Concept Introduction. Gross domestic product : It is the money value of all final goods and services produced with in the country given an accounting year. Answer: A. The GDP will decline. B. The GDP will increase. C. The GDP will remain same. Option A: A woman who makes a living charging for investment advice on her Internet Web site marries one of the clients, to whom she now provides advice at no charge. The GDP will decline, by marring by one of her client the service became free so it is a loss of a revenue.

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Answer 1

Question

Chapter 8, Problem 9P

To determine

The contributions to GDP in each if the following situations.

Concept Introduction.

Gross domestic product: It is the money value of all final goods and services produced with in the country given an accounting year.

Answer:

A. The GDP will decline.

B. The GDP will increase.

C. The GDP will remain same.

Option A:

A woman who makes a living charging for investment advice on her Internet Web site marries one of the clients, to whom she now provides advice at no charge.

The GDP will decline, by marring by one of her client the service became free so it is a loss of a revenue.

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Answer 2

Question

Chapter 8, Problem 9P

To determine

The contributions to GDP in each if the following situations.

Concept Introduction.

Gross domestic product: It is the money value of all final goods and services produced with in the country given an accounting year.

Answer:

A. The GDP will decline.

B. The GDP will increase.

C. The GDP will remain same.

Option A:

A woman who makes a living charging for investment advice on her Internet Web site marries one of the clients, to whom she now provides advice at no charge.

The GDP will decline, by marring by one of her client the service became free so it is a loss of a revenue.

Expert Solution & Answer

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Answer 3

Question

Chapter 8, Problem 9P

To determine

The contributions to GDP in each if the following situations.

Concept Introduction.

Gross domestic product: It is the money value of all final goods and services produced with in the country given an accounting year.

Answer:

A. The GDP will decline.

B. The GDP will increase.

C. The GDP will remain same.

Option A:

A woman who makes a living charging for investment advice on her Internet Web site marries one of the clients, to whom she now provides advice at no charge.

The GDP will decline, by marring by one of her client the service became free so it is a loss of a revenue.

Expert Solution & Answer

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Answer 4

Question

Chapter 8, Problem 9P

To determine

The contributions to GDP in each if the following situations.

Concept Introduction.

Gross domestic product: It is the money value of all final goods and services produced with in the country given an accounting year.

Answer:

A. The GDP will decline.

B. The GDP will increase.

C. The GDP will remain same.

Option A:

A woman who makes a living charging for investment advice on her Internet Web site marries one of the clients, to whom she now provides advice at no charge.

The GDP will decline, by marring by one of her client the service became free so it is a loss of a revenue.

Expert Solution & Answer

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Answer 5

Chapter 8, Problem 9P

To determine

The contributions to GDP in each if the following situations.

Concept Introduction.

Gross domestic product: It is the money value of all final goods and services produced with in the country given an accounting year.

Answer:

A. The GDP will decline.

B. The GDP will increase.

C. The GDP will remain same.

Option A:

A woman who makes a living charging for investment advice on her Internet Web site marries one of the clients, to whom she now provides advice at no charge.

The GDP will decline, by marring by one of her client the service became free so it is a loss of a revenue.

Answer 6

Chapter 8, Problem 9P

To determine

The contributions to GDP in each if the following situations.

Concept Introduction.

Gross domestic product: It is the money value of all final goods and services produced with in the country given an accounting year.

Answer:

A. The GDP will decline.

B. The GDP will increase.

C. The GDP will remain same.

Option A:

A woman who makes a living charging for investment advice on her Internet Web site marries one of the clients, to whom she now provides advice at no charge.

The GDP will decline, by marring by one of her client the service became free so it is a loss of a revenue.

Answer 7

Chapter 8, Problem 9P

To determine

The contributions to GDP in each if the following situations.

Concept Introduction.

Gross domestic product: It is the money value of all final goods and services produced with in the country given an accounting year.

Answer:

A. The GDP will decline.

B. The GDP will increase.

C. The GDP will remain same.

Option A:

A woman who makes a living charging for investment advice on her Internet Web site marries one of the clients, to whom she now provides advice at no charge.

The GDP will decline, by marring by one of her client the service became free so it is a loss of a revenue.

Answer 8

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Answer 9

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Answer 10

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Answer 11

Ch. 8 - Prob. 8.1LO Ch. 8 - Prob. 8.2LO Ch. 8 - Prob. 8.3LO Ch. 8 - Prob. 8.4LO Ch. 8 - Prob. 8.5LO Ch. 8 - Prob. aFCT Ch. 8 - Prob. bFCT Ch. 8 - Prob. cFCT Ch. 8 - Prob. dFCT Ch. 8 - Prob. eFCT

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