true or false?

Y

ybbq

1. Increased domestic investment on production equipment contributes to physical capital
accumulation and GDP increase. However, relatively higher price of the equipment also
contributes positively to the increase in general price level, measured in CPI.

2. Mariah worked 80 hours per week, cutting down trees in Amazon for a multi-national
company, for the whole year without a break and made $200,000 more than the previous year
and spent $50,000 of the increment on drugs. Impact of her activity on GDP clearly indicates that
GDP is a poor measure of well-being.

please explain why each of the statements is True, False, or Uncertain according to economic
principles. :)
 
Quote from ybbq:
----1. Increased domestic....
----2. Mariah worked.....
----please explain....
----economic principles.
More...
Do you attend Rutgers or Syracuse? :confused: :( :mad: :eek:
 
" Recent research has shown the empirical evidence for globalization of corporate innovation is very limited. And as a corollary, the market for technologies is shrinking.

As a world leader, it is important for America to provide systematic research grants for our scientists. I believe there will always be a need for us to have a well-articulated innovation policy with emphasis on human resource development. Thank you. "

- Frank the Tank
 
Quote from ybbq:

1. Increased domestic investment on production equipment contributes to physical capital
accumulation and GDP increase. However, relatively higher price of the equipment also
contributes positively to the increase in general price level, measured in CPI.

2. Mariah worked 80 hours per week, cutting down trees in Amazon for a multi-national
company, for the whole year without a break and made $200,000 more than the previous year
and spent $50,000 of the increment on drugs. Impact of her activity on GDP clearly indicates that
GDP is a poor measure of well-being.

please explain why each of the statements is True, False, or Uncertain according to economic
principles. :)
More...

Just tell your teacher as long as BUBBLE ben bernanke keeps the printing press on it doesnt matter what questions they are going to ask you in economics 101

Throw it all out the window because in todays economy these questions do not matter!


Oh and also Ask your teacher if they understand BUBBLE ben bernankes new way of getting the US out of a financial crisis?
 
Quote from ybbq:

Mariah worked 80 hours per week, cutting down trees in Amazon for a multi-national
company, for the whole year without a break and made $200,000 more than the previous year
and spent $50,000 of the increment on drugs.
More...

That Maria is more of a man than I'll ever be, dang!!
 
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