Multiple Choice
Which of the following would be counted in the calculation of GDP?
A) the sale of a rare, old coin to a coin collector
B) the damage to a house caused by a hurricane
C) the brokerage commission from the sale of 100 shares of Microsoft stock
D) the sale of cocaine in the black market
Correct Answer:
Verified
Correct Answer:
Verified
Q196: The typical bundle of goods and services
Q197: Which of the following transactions would be
Q198: If the cost of living index in
Q199: An automobile manufacturing plant opens in Alabama,
Q200: Refrigerators, air conditioners, and other appliances are
Q202: One of the widely-acknowledged problems with the
Q203: U.S. exports are<br>A) not included in U.S.
Q204: Because GDP does not fully account for
Q205: U.S. imports are<br>A) not added to U.S.
Q206: A price index like the CPI, which