(Solved):Q: Gross domestic p…


Gross domestic product is a measure of _______.
the nonmarket production of goods and services.
the volume of goods and services, which involved in international trade
the goods and services produced strictly by corporations.
the money value of all final goods and services produced in a year by the economy.
the size of the largest industry in an economy.

(Solved):Q: Which of the fol…

Which of the following best describes the moral hazard problem associated with means-tested redistribution programs?

A.People may change their behavior to be eligible for the program.
B.Eligible people may not sign up for the program due to negative stigma.
C.Programs are costly for society.
D.Only high risk individuals sign up for programs.

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