Laissez-faire economists believe:

Suppose have the following information concerning the Nominal GDP and GDP deflator for 2027: Nominal GDP: $35 trillion GDP deflator: 103.5 What was real GDP in 2027?

During a hiring interview, which response by a nursing applicant should indicate that the applicant operates from an ethical egoism framework?

Keynesian economics is more focused on:

Suppose we have the following information: Real GDP 2025: $35 trillion Nominal GDP 2026: $38 trillion GDP deflator (2026): 105 What was the real GDP growth rate in 2026?

Over the last twenty years, the United States

A woman hires a personal chef (cook) at $60,000 a year for his services.  The two fall in love and get married, but the chef (cooking) services are still being performed with no explicit payment.  After the marriage what amount of the chef (cooking) services are included in GDP?

A nurse is teaching a client’s family about lightning strike prevention following a lightning injury to the client. Which of the following information should the nurse include in the teaching?

The nurse provides education to a family on how to decrease the risk of accidental drowning. Which patient statement indicates a need for additional teaching?

$2,000,000,000 (2 billion) was spent on investment into the spinning rims plant in Oakland, CA in 1999. Of that two billion dollars, 500 million was spent expanding the assembly line, 800 million was spent on restoring parts of the damaged assembly line, and 700 million was spent on expanding the actual facility. What amount of the total investment is considered net investment?