Marla is an architect who is designing a home for Chuck. Chuck is paying Marla $
ID: 1211900 • Letter: M
Question
Marla is an architect who is designing a home for Chuck. Chuck is paying Marla $150 per hour to design his new home. When Chuck and Marla get married, Marla continues to work on designing the home, but she no longer charges Chuck for her work. As a result, GDP_____because_____. "Household production" refers to China's current rate of GDP growth is quite rapid. Its current growth rate is probably three times that of the United States. However, the levels of pollution are much higher in China. Would you consider China to be better off than the United States given this information? Why or why not? In a small economy, consumption spending in 2012 is $6,000, government spending is $1,200, gross investment is $1,500, exports are $2,000, and imports are $1,000. What is gross domestic product in 2012? Consider the table of production and price statistics for a small economy in 2011. If the economy only produces the four goods listed below, what is GDP for 2011? Which of the following equations correctly measures GDP in an economy?Explanation / Answer
Ans 30
D)falls, Maria's architectural design services are no longer bought by Chuck once they are married.
Final goods and services include anything that is purchased directly by consumers in the marketplace.
Ans 31) A