Multiple Choice
Which of the following would increase this year's GDP?
A) A mother quits her job to take care of her newborn child
B) A commission charged by your broker when you sold 100 shares of Borden stock
C) A $10,000 inheritance from Aunt Mary
D) Receipts from a yard sale
Correct Answer:
Verified
Correct Answer:
Verified
Q57: Explain the difference between real and nominal
Q58: Double-entry bookkeeping implies that:<br>A)profits cannot be negative
Q59: According to the aggregate accounting identity:<br>A)GNP equals
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Q61: Government expenditures for Social Security and unemployment
Q63: Suppose both nominal GDP and real GDP
Q64: For the purposes of calculating GDP using
Q65: Comparisons of per capita gross domestic product
Q66: Double counting in the national income accounts
Q67: A change in business inventories is:<br>A)not counted