Multiple Choice
Which of the following expenditures would not be included in GDP?
A) Purchase of a new lawnmower.
B) Purchase of a second-hand car.
C) Purchase of a ticket to the latest movie.
D) All of the above would be counted in GDP.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q11: GDP counts only:<br>A) all goods and services
Q18: Which of the following expenditures would be
Q24: Actual measured saving and measured investment are
Q29: GDP provides information about:<br>A) the total value
Q72: In a closed economy, any differences between
Q98: Flows are measured per period of time,
Q103: Which one of the following statements is
Q106: GDP is the sum of exports, consumer
Q107: Which of the following would not be
Q108: Exhibit 11-3 GDP data (billions of dollars)<br>