Solved

If a State Made a Previously-Illegal Activity,such as Gambling or Prostitution,legal,then,other

Question 70

Multiple Choice

If a state made a previously-illegal activity,such as gambling or prostitution,legal,then,other things equal,GDP


A) necessarily decreases.
B) necessarily increases.
C) doesn't change because both legal and illegal production are included in GDP.
D) doesn't change because these activities are never included in GDP.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q58: If consumption is $1800, GDP is $4300,

Q65: For an economy as a whole,income must

Q68: Table 23-5<br>The table below contains data for

Q69: Which of the following is not a

Q73: Table 23-3<br>The table below contains data for

Q74: In computing GDP,market prices are used to

Q75: Darla,a Canadian citizen,works only in the United

Q148: Suppose the government passes a law eliminating

Q151: Between 1929 and 1933, NNP measured in

Q178: Periods during which real GDP rises are