Goods and services sold in black markets such as illegal0
Goods and services sold in black markets, such as illegal0 drugs, are generally not included in GDP.
Does this lead to misleading comparison between countries?
Should these activities be included as a positive or negative in GDP?
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1 the profit maximizing condition for firms facing perfect competition is 1 marginal revenue marginal cost and 2
suppose that you never carry cash your pay check of 1000 per month is deposited directly into your checking account and
would each of the following increase decrease or have no impact on the ability of open-market operations to affect
assume that the economys real gdp is growinga what will happen to money demand over timeb if the fed leaves the money
goods and services sold in black markets such as illegal0 drugs are generally not included in gdpdoes this lead to
members of some species of hermaphroditic fish choose in each mating encounter whether to play the role of a male or a
plot the following scenarios for per capita gdp on a ratio scale assume that per capita gdp in the year 2015 is equal
we normally think of currency and banking risks as being something confined to third-world or developing countries but
the annual demand for a product has been projected at 2500 units this demand is assumed to be constant throughout the
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