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MakcuM [25]
3 years ago
11

Gross domestic product does not include the value of the stocks and bonds bought and sold because these sales and purchases are

not economic investment, but should be counted as production of final goods and services.
consumption expenditures, but should be counted as production of final goods and services.
consumption expenditures and should not be counted as production of final goods and services.
economic investment and should not be counted as production of final goods and services.
Business
1 answer:
Igoryamba3 years ago
6 0

Answer and Explanation:

Gross domestic product does not include the value of the stocks and bonds bought and sold because these sales and purchases are not economic

Investment and should be counted as production of final goods and services.

Gross domestic product (GDP) is the total amount of goods and services produced and consumed within the country

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If labor costs are 60 percent of production costs, then a 15 percent increase in wage rates would increase production costs by <u>9 percent.</u>

<h3>What are labor costs?</h3>
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