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12 36.The plastic that goes into making a bottle for water to be sold at a gas station would not be counted as part of

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12 36.The plastic that goes into making a bottle for water to be sold at a gas station would not be counted as part of GDP because: It is not a final good or service. It is a paper transaction Nothing new has been created. It shows no social value. 37. Money that is usable in its current form is said to possess transferability uniformity value liquidity 38. Old Country Buffet depends on _, the idea that people continually gain less satisfaction out of performing the same activities again and again. a. the law of increasing costs. Marginal costs elasticity Diminishing marginal utility 39. The increase in the overall price level is known as a. equilibrium b. price floors inflation price ceilings 40. Sales taxes are classified as a _tax, since as people's income increases they tend to pay a smaller percent of that income into taxes. a. progressive b . proportional regressive All of the above 41. If a country with a population of 1 million had 200,000 who were not in the work force, and 100,000 who were unemployed, what would the unemployment rate be? a. 20% b. 12.5% C. 10% d

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