menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Principles of Economics Study Set 8
  4. Exam
    Exam 23: Measuring a Nations Income
  5. Question
    While GDP Includes Tangible Goods Such as Books and Bug
Solved

While GDP Includes Tangible Goods Such as Books and Bug

Question 150

Question 150

True/False

While GDP includes tangible goods such as books and bug spray, it excludes intangible services such as the services provided by teachers and exterminators.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q145: A farmer produces carrots and sells them

Q146: What are transfer payments, and how do

Q147: Nominal GDP is $12 trillion and real

Q148: Suppose the government passes a law eliminating

Q149: A farmer sells sugar to a candy

Q151: Between 1929 and 1933, NNP measured in

Q152: If the value of an economy's imports

Q153: In the GDP accounts production equals<br>A)income.<br>B)income +

Q154: Calculate the inflation rate for a country

Q155: Table 23-2<br>The following table contains data

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines