PrisonKing366 PrisonKing366
  • 02-11-2017
  • Business
contestada

Gdp excludes most nonmarket transactions. therefore, gdp tends to

Respuesta :

W0lf93
W0lf93 W0lf93
  • 14-11-2017
It tends to underestimate the total production in the economy. The nonmarket transactions, such as when a person makes or does something for their own household's use without charging for it. Homemakers and other unpaid persons are also not covered in GDP figures.
Answer Link

Otras preguntas

Compared to the charge of a proton, the charge of all electron has (1) a greater magnitude and the same sign (2) a greater magnitude and the opposite sign (3)
Help solve the following equation: 20.6 + 2.1x = -8.2x
An art gallery has 9 paintings to display along a hallway. How many different ways can they choose and display 6 of the paintings?
What is a hyperbole?
Which statement describes a reversible reaction at equilibrium? (1) The activation energy of the forward reaction must equal the activation energy of the revers
Which compounds are classified as Arrhenius acids? (1) HCl and NaOH (2) HNO3 and NaCl (3) NH3 and H2CO3 (4) HBr and H2SO4
What is a hyperbole?
Help solve the following equation: 20.6 + 2.1x = -8.2x
True or False? The segments below could form a triangle. A________C is 9 C_____B is 4 B_______________A is 15
Name one war fought by the United States in the 1900s.