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Essentials of Economics 7th Edition by Gregory Mankiw
Edition 7ISBN: 978-1285165950Essentials of Economics 7th Edition by Gregory Mankiw
Edition 7ISBN: 978-1285165950 Exercise 20
Which of the following does NOT add to U.S. GDP?
A) Air France buys a plane from Boeing, the U.S. aircraft manufacturer.
B) General Motors builds a new auto factory in North Carolina.
C) The city of New York pays a salary to a policeman.
D) The federal government sends a Social Security check to your grandmother.
A) Air France buys a plane from Boeing, the U.S. aircraft manufacturer.
B) General Motors builds a new auto factory in North Carolina.
C) The city of New York pays a salary to a policeman.
D) The federal government sends a Social Security check to your grandmother.
Explanation
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Verified
GDP is the sum of consumption, investmen...
Essentials of Economics 7th Edition by Gregory Mankiw
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