Multiple Choice
Which of the following is a consumption good that would not be counted in GDP?
A) The coffee Cyndi buys on her way to work in the morning
B) Cyndi's brand-new car
C) The sunglasses Cyndi bought on clearance sale yesterday
D) The flour Cyndi purchases to make bread for her catering business.
Correct Answer:
Verified
Correct Answer:
Verified
Q14: Using the income approach, what is the
Q15: Which of the following is an example
Q16: Why doesn't GDP include intermediate goods?<br>A) Intermediate
Q17: Using the annual price deflator information (https://fred.stlouisfed.org)
Q18: If consumption is $6 trillion, investment is
Q20: Given the annual price deflator information (https://fred.stlouisfed.org)
Q21: Which idea does the circular flow model
Q22: The GDP deflator measures the overall change
Q23: The value of the GDP deflator in
Q24: What are the four components that make