Essay
Over the last 50 years,has the ratio of household production to gross domestic product in the United States increased or decreased? Consider the effect of the increased number of women working outside the home,and the effect of advances in technology in household production such as microwaves,coffee makers,power tools,etc.
Correct Answer:
Verified
"Household production" refers to goods a...View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Correct Answer:
Verified
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Q69: To make the calculation of real GDP
Q70: If a U.S.firm produces cars in Mexico,that
Q71: Why does inflation make nominal GDP a
Q72: In 2016,Ford's sales were rising,but in early
Q73: If real GDP increases we know for
Q75: Caroline is an artist.She purchases canvases,paints,brushes,and accessories
Q76: The purchase of a new house is
Q77: For developed countries like the United States,GDP
Q78: _ is/are the payment for the factor
Q79: Which of the following could cause nominal