Multiple Choice
Which of the following events will leave GDP unchanged?
A) You purchase 100 shares of Wal-Mart stock.
B) You pay $500 to repair the damage done to your car by an uninsured motorist.
C) You decide to work five more hours per week at your job to pay for the repairs performed on your car.
D) You purchase a new car at an auction.
Correct Answer:
Verified
Correct Answer:
Verified
Q145: If ten years ago the price of
Q146: A business produced $10 million of goods
Q147: A firm purchases $400,000 worth of raw
Q148: Which of the following would increase GDP?<br>A)
Q149: The consumer price index is<br>A) a measure
Q151: Which one of the following would count
Q152: Which of the following events will reduce
Q153: If you wanted to compare the quantity
Q154: An increase in the Consumer Price Index
Q155: The GDP deflator is designed to adjust