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Q: Consider two items that might be included in GDP: (1) The estimated rental value of owner-occupied housing; and (2) purchases of newly-constructed homes. How are these two items accounted for when
GDP is calculated?
A: (1) The estimated rental value of owner-occupied housing; A. Item (1) is included in the investment component, while item; (2) is included in the investment component. C. Both item (1) and item (2) are included in the consumption component of GDP.
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Original conversation
User: When a firm sells a good or a service, the sale contributes to the nation’s income

User: Consider two items that might be included in GDP: (1) The estimated rental value of owner-occupied housing; and (2) purchases of newly-constructed homes. How are these two items accounted for when GDP is calculated?

Weegy: (1) The estimated rental value of owner-occupied housing; A. Item (1) is included in the investment component, while item; (2) is included in the investment component. C. Both item (1) and item (2) are included in the consumption component of GDP.
Micharnaezz|Points 120|

User: The political business cycle refers to

User: The model of aggregate demand and aggregate supply explains the relationship between

User: The open-economy macroeconomic model examines the determination of

User: Jolly Blue Giant Health Insurance (JBGHI) is concerned about rising lab test costs and would like to know what proportion of the positive lab tests for prostate cancer are actually proven correct through subsequent biopsy. JBGHI demands a sample large enough to ensure an error of ± 2% with 90% confidence. What is the necessary sample size?

Weegy: B. 1,692
rsmiley|Points 60|

User: Dullco Manufacturing claims that its alkaline batteries last forty hours on average in a certain type of portable CD player. Tests on a random sample of 18 batteries showed a mean battery life of 37.8 hours with a standard deviation of 5.4 hours. In determining the p-value for reporting the study's findings, which of the following is true?

Weegy: D. The p-value is equal to .05 is the answer.
OxTornado007|Points 6869|

User: Twelve randomly-chosen students were asked how many times they had missed class during a certain semester, with this result: 2, 1, 5, 1, 1, 3, 4, 3, 1, 1, 5, 18. For this sample, which measure of central tendency is least representative of the “typical” student?

Weegy: For this sample, midrange, a measure of central tendency is least representative of the ?typical? student.
kamz777|Points 370|

User: Queuing models use an A/B/C notation. What do these variables represent?



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Asked 6/13/2013 6:05:32 PM
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