Multiple Choice
The sale of __________ goods is omitted from current GDP because __________.
A) intermediate goods; these goods do not constitute production
B) used goods; these goods were counted in an earlier year
C) illegal; these goods do not constitute economic value
D) b and c
E) a,b,and c
Correct Answer:

Verified
Correct Answer:
Verified
Q81: In 1820,the country with the highest per
Q82: Underground activities are not counted in GDP
Q83: Which of the following statements is false?<br>A)
Q84: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6439/.jpg" alt=" -Refer to Exhibit
Q85: Disposable income equals national income minus personal
Q87: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6439/.jpg" alt=" -Refer to Exhibit
Q88: The interest income received by U.S.households and
Q89: GDP includes some nonmarket goods.
Q90: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6439/.jpg" alt=" -Refer to Exhibit
Q91: Given that GDP is a measure of