Multiple Choice
Which of the following transactions would be included in GDP?
A) Mary buys a used book for $5 at a garage sale.
B) Nick buys $5,000 worth of stock in Microsoft.
C) Olivia receives a tax refund of $500.
D) Peter buys a newly constructed house.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q28: Nominal GDP is adjusted for price changes
Q29: The simplest way to calculate GDP is
Q30: If real GDP rises and the GDP
Q31: If inflows to the capital stock are
Q32: National income is the sum of employee
Q34: The value of corporate stocks and bonds
Q35: Real GDP accounts for changes in product
Q36: All expenditures on new construction are included
Q37: The following are national income account data
Q38: The agency responsible for compiling the National