Multiple Choice
Which of the following is NOT directly included in Australia's GDP?
A) Sales of sun block at Bondi Beach, Sydney.
B) Ticket sales to the Melbourne Aquarium.
C) Popcorn purchased by a movie theatre chain in Brisbane.
D) Movie tickets purchased by consumers in Perth.
E) Sales of meat pies at an AFL game in Adelaide.
Correct Answer:
Verified
Correct Answer:
Verified
Q24: In Australia, between 1959/60 and 2017/18, there
Q25: Everything else the same, if government expenditure
Q26: Nominal GDP measures the value of goods
Q27: In comparing the magnitudes of the components
Q28: In measuring GDP, which of the following
Q30: If we use GDP to measure our
Q31: Adding wages, interest, rent and profits yields<br>A)
Q32: The following are all final goods EXCEPT<br>A)
Q33: The income approach measures GDP by summing<br>A)
Q34: Net exports of goods and services are