Multiple Choice
Which item would be included in the GDP accounts?
A) personal time spent learning how to use accounting software
B) personally rotating the tires on your neighbor's car
C) caring for your aged grandmother at home
D) paying a $50 consultation fee over the phone with a psychic adviser
Correct Answer:
Verified
Correct Answer:
Verified
Q185: Because GDP excludes nonmarket transactions, the level
Q186: Gross domestic product is a measure of<br>A)
Q187: A jobless recovery occurs when an economic
Q188: Last year, Marian earned $25,000; paid $2,000
Q189: The Leading Economic Index fell in July,
Q191: The diagram that illustrates how households and
Q192: Which component is the smallest part of
Q193: The informal economy in the United States
Q194: The major item that must be added
Q195: The high point of a business cycle