Gdp tends to
multiple choice
overstate economic welfare, because it does not include ce...
Gdp tends to
multiple choice
overstate economic welfare, because it does not include certain nonmarket activities such as the productive work of housewives
understate economic welfare, because it includes expenditures undertaken to offset or correct pollution
understate economic welfare, because it does not take into account increases in leisure
overstate economic welfare, because it does not reflect improvements in product quality
Answers: 3
Business, 22.06.2019 14:20
Anew 2-lane road is needed in a part of town that is growing. at some point the road will need 4 lanes to handle the anticipated traffic. if the city's optimistic estimate of growth is used, the expansion will be needed in 4 years and has a probability of happening of 40%. for the most likely and pessimistic estimates, the expansion will be needed in 8 and 15 years respectively. the probability of the pessimistic estimate happening is 20%. the expansion will cost $ 4.2 million and the interest rate is 8%. what is the expected pw the expansion will cost?
Answers: 1
Business, 22.06.2019 22:00
What resourse is both renewable and inexpensive? gold coal lumber mineral
Answers: 1
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