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Which of the following is a limitation of GDP? a. Impact of production on quality of life. c. It measures only goods, not services. b. Depreciation d. Double counting, because it includes
intermediate goods and final goods. Please select the best answer from the choices provided
d. Double counting, because it includes intermediate goods and final goods.
Expert answered|VisTRA|Points 190|
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Asked 10/2/2012 9:57:33 AM
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According to the law of supply, the higher the price, a. the more consumers are willing to pay. b. the larger the quantity produced. c. the smaller the quantity produced. d. the more the availability of a good is reduced. Please select the best answer from the choices provided
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Updated 2/21/2015 10:30:53 AM
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According to the law of supply, the higher the price, the larger the quantity produced.

Added 2/21/2015 10:30:53 AM
This answer has been confirmed as correct, not copied, and helpful.
Confirmed by jeifunk [2/21/2015 10:59:58 AM]
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