Multiple Choice
Which of the following is an example of double counting?
A) Summing the total market value of baseballs and baseball bats.
B) Summing the total market value of new housing and the lumber used to construct the housing.
C) Summing the total market value of eyeglasses and contacts.
D) Summing the total market value of apples and computer floppy disks.
Correct Answer:

Verified
Correct Answer:
Verified
Q82: The value of a meal John cooks
Q83: Suppose the GDP deflator is currently 115
Q84: "The aggregate demand curve is negatively sloped
Q85: A price index measures the price level
Q86: Which of the following is a better
Q88: Use the data in the table below
Q89: Which of the following would be counted
Q90: Real GDP refers to:<br>A) output measured in
Q91: An increase in aggregate demand would most
Q92: Goods produced but not sold during the