Question
Answered step-by-stepAsked by mooNN2019 on coursehero.com
1-Why is COVID 19 vaccine a good that has positive externalities?...
1-Why is COVID 19 vaccine a good that has positive externalities? Explain two strategies the government can pursue in regards to a good with positive externality.
2-Why is it necessary to calculate real GDP?
3-Although GDP is one of the most comprehensive measures of the economy, it is not a reliable measure of economic welfare. Provide four (4) reasons why.
4-Assume a newspaper article stated, "The rise in the consumer price index of 2.5 percent has increased the cost of living of an average Australian by 2.5 percent". Is this an accurate conclusion? Explain.
Answer & Explanation
Solved by verified expertAnswered by dennisloyle456 on coursehero.com
<p>sectetur adipi</p>sectetur adipiscing elit. Nam lacinia pulvinar tortor nec facilisis. Pellentesque dapibus efficitur laoreet. Nam risus an<p></p>sectetur adipiscing elit. Nam<p></p>sectetur adipiscing elit. Nam lacinia pulvinar tortor nec facili<p></p>sectetur adipiscing eli<p></p>sectetur asectetur adipiscin
Unlock access to this and over
10,000 step-by-step explanations
Have an account? Log In
Step-by-step explanation
<p>secte</p>sectetur adipiscing elit. Nam lacinia pulvinar tortor nec facilisis. Pellentesque dapibus efficitur laoreet. Nam risus ante, dapibus a molestie consequat, ultrices ac magna. Fusce dui lectus, congue vel laoreet ac, dictum vitae odio. Donec aliquet. Lorem ipsum dolor sit amet, consectetur adipiscing elit. Nam lacinia
Get unstuck with a CliffsNotes subscription
Unlock every step-by-step explanation, download literature note PDFs, plus more.Get Access