Solved

What Makes a Bigger Contribution to GDP,12 Million Cars Sold

Question 197

Multiple Choice

What makes a bigger contribution to GDP,12 million cars sold at $28,000 each or 20 million computers sold at $1,000 each?

A) 12 million cars
B) 20 million computers
C) Both make the same contribution.
D) It is impossible to say without knowing the costs of production.

Related Questions

Q192: Economists call private spending on the tools,plant,and

Q193: The market value of all final goods

Q194: Which of the following statements is TRUE

Q195: If a country produced nothing but 20

Q196: Nominal GDP will grow faster than real

Q198: If pressed to choose a single indicator

Q199: Services involve production that provides:<br>A) a benefit

Q200: GDP is the market value of all

Q201: Once economic data are released in the

Q202: Using the national spending approach to measuring