Multiple Choice
Which of the following purchases would be counted as a final good in the GDP calculation?
A) A family's purchase of a used car.
B) A speculator's purchase of 100 shares of News Corp. stock.
C) A deli's purchase of bread for making its sandwiches.
D) A business's purchase of new office equipment.
Correct Answer:
Verified
Correct Answer:
Verified
Q30: Which of the following expenditures would not
Q31: Nominal GDP is based on:<br>A) the existing
Q32: Real GDP measures a value of a
Q33: The portion of the circular flow model
Q34: Narrbegin Exhibit 11.3 GDP data (billions
Q36: Which of the following statements is true?<br>A)
Q37: Resources that flow through the circular flow
Q38: The circular flow model represents the establishment
Q39: Gross domestic product includes:<br>A) intermediate as well
Q40: Gross domestic product (GDP) is a correct