A single woman attorney hires a local firm to mow the grass, rake the leaves, and trim the rose bushes at her suburban house. After several years, she and the owner of the lawn service fall madly in love and get married. After the honeymoon, her new husband takes care of the yard maintenance, and she no longer pays his company the monthly fee. What has happened to GDP, holding everything else constant?
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Q114: A lumberyard pays workers $600 in wages
Q115: How can GDP be total expenditure, total
Q116: (Table: Smartwatch GDP in Singapore). Use
Q117: The topics studied in macroeconomics include:
A)inflation.
B)inflation
C)unemployment
D)unemployment.
E)economic growth
F)economic
Q118: (Table: Smartwatch GDP in Singapore). Use
Q120: The underlying principle of the circular flow
Q121: The circular flow diagram illustrates _.
A)the growth
Q122: Real per capita GDP is:
A)real GDP divided
Q123: (Scenario: Good A and Good B).
Q124: (Scenario: Good A and Good B).
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