Solved >   121.Because of transactions which take place in:1359217 …


121.Because of transactions which take place in the underground economy, the:

a.GDP calculation tends to overstate the actual value of goods sold in the economy.

b.GDP calculation tends to accurately portray the value of goods sold in the economy.

c.GDP calculation tends to understate the actual value of goods sold in the economy.

d.value of the GDP calculation will be equal to the value of the national income calculation.

e.value of the GDP calculation through the expenditure approach will be greater then the value calculated through the income approach.

122.Because GDP does not account for improvements in the quality of goods, the GDP calculation:

a.tends to overstate the true value of output in the United States.

b.tends to understate the true value of output in the United States.

c.provides an accurate value of output in the United States.

d.provides the best measure of output in the United States.

e.measures the value correctly because price changes always capture the value of quality changes.

123.If a man marries his hired housekeeper, the value of GDP: unchanged.

b.falls.d.rises, but the value of GDP falls.

124.GDP underestimates our economic well-being:

a.for of all the following reasons.

b.because it includes the value of work done by nannies.

c.because it ignores leisure.

d.because it includes the value of work done by householders.

e.because it includes the value of work done by illegal immigrants.

125.National income is calculated as GDP: depreciation.c.minus imports. exports.d.minus depreciation.

126.National income is derived from gross domestic product by subtracting:

a.transfer payments.

b.profits. allowance for depreciation of capital equipment. exports.

127.National income:

a.represents total wages and salaries in an economy.

b.equals GDP minus indirect business taxes.

c.equals GDP minus depreciation.

d.equals C + I + G + (X ? M). the value of existing capital stock used up in making goods.

128.National income is equal to gross domestic product minus:

a.indirect business taxes.


c.personal taxes.

d.retained earnings.

e.consumption spending.

129.When depreciation is subtracted from:

a.personal income, we get national income.

b.gross domestic product, we get national income.

c.gross domestic product, we get personal income.

d.disposable personal income, we get gross domestic product.

130.The sum of payments made to resource owners for the use of their resources is:

a.gross domestic product. domestic product.

c.national income.

d.personal income.

e.disposable personal income. is an online academic writing platform that provides extensive assistance to graduate school students as they work through their research projects, papers and dissertations. gives students access to experienced professionals who can provide the help they need in a timely and efficient manner. The service offers a wide range of services, including editing, proofreading, formatting, researching and more that can give students the confidence they need to write the perfect paper or dissertation for their chosen subject matter.

Services Offered by offers a wealth of different services designed to make research projects easier for graduate school students. These include editing, proofreading, formatting and researching services, all tailored specifically for graduate-level studies such as PhDs or Master’s degrees in any field from business administration to engineering or even psychology – all with the aim of helping busy students find success in their academics without having to sacrifice other important commitments like family time or work hours towards earning a living wage outside of college hours.

The Benefits of Using
Using gives you access to experts from all over the world who are highly qualified and experienced in helping graduate-level students to complete successful projects in various fields quickly and efficiently – something that would otherwise be difficult, if not impossible, given tight deadlines associated with most Ph.D./Master’s degree programs today. Moreover, using this platform makes it easier for students to keep up with multiple research tasks simultaneously since there are so many different experts available on tap at any one time – no longer will you have to put off studying one topic while focusing on another because of lack of resources! Additionally, having access to professional editors, proofreaders, but also formatters means that quality control standards aren’t sacrificed when finishing major pieces – since these individuals understand what makes up good academic writing better than anyone else and can offer guidance on how best one should go about making improvements along those lines. Finally, there is also an added cost-saving benefit associated with utilizing Graduate Writer Help compared to hiring an independent contractor (which could potentially run into thousands depending on length/complexity).
This service allows users only pay for what students need, which tends to be much lower overall because customers pay per hour rather than project basis, thus resulting to greater financial flexibility, especially for those just starting out postgraduate studies looking to conserve some pennies here there whenever possible!

Place your order
(550 words)

Approximate price: $22

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
The price is based on these factors:
Academic level
Number of pages
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?