Multiple Choice
Even though households do not actually purchase certain items,the government estimates and adds to the consumption component what the household would pay for these items in the marketplace.An example of this type of item is
A) a car that an individual builds from parts of old cars
B) food that a farm family grows for themselves
C) a pond that a household member digs by hand
D) police and fire protection
E) a barn that a household builds on their own property
Correct Answer:

Verified
Correct Answer:
Verified
Q33: Which of the following would not be
Q34: When measuring GDP,economists count only the values
Q35: Everything that consumers purchase during a period
Q36: Real output per capita is calculated by<br>A)
Q37: If we included intermediate goods in the
Q39: Which of the following statements about U.S.unemployment
Q40: Susie grows corn in her backyard garden
Q41: Regarding the number of discouraged workers,<br>A) the
Q42: Which of the following groups would not
Q43: To be considered employed,a person must have<br>A)