Multiple Choice
Which of the following transactions would increase GDP?
A) a new tricycle purchased at a department store sale by the parents of a three-year-old child
B) the retirement check your uncle received for spending 25 years in the Marine Corps
C) the five shares of Microsoft stock your grandparents gave you for making an A in economics
D) the $200 you lost when your wallet was stolen
Correct Answer:

Verified
Correct Answer:
Verified
Q54: The price of a gallon of gasoline
Q55: Which of the following would not be
Q56: Real GDP equals nominal GDP<br>A) minus exports.<br>B)
Q57: What basket of goods is used to
Q58: If a country has attracted a relatively
Q60: Given the following figures, by approximately what
Q61: Which of the following about inventory changes
Q62: If a used car dealer purchases a
Q63: In contrast with nominal GDP, real GDP
Q64: Suppose a country had net exports of