Multiple Choice
Which of the following would not be included in the measurement of GDP?
A) You hire someone to fix a leaky faucet.
B) You do the (unpaid) housework.
C) The value of housing services, if you own your own home.
D) An unplanned drop in business inventories.
E) The Federal government buys wheat to ship to Afghanistan.
Correct Answer:
Verified
Correct Answer:
Verified
Q7: If a woman marries her hired helper
Q29: GDP provides information about:<br>A) the total value
Q33: The portion of the circular flow model
Q60: GDP is not a perfect measure of
Q67: The underground economy:<br>A) produces final goods and
Q72: In a closed economy, any differences between
Q92: Assume that household consumption is $500 billion,gross
Q95: Because GDP does not account for improvements
Q98: An estimate of the depreciation of plant,equipment
Q98: Flows are measured per period of time,