Multiple Choice
An American retailer purchased 100 pairs of shoes from a company in Denmark in the second quarter of 2010 but does not sell them to a consumer until the third quarter of 2010. Which of the following components of U.S. GDP is affected by this transaction in the third quarter of 2010?
A) consumption, investment and imports
B) only consumption and investment
C) only consumption and imports
D) only investment and imports
Correct Answer:
Verified
Correct Answer:
Verified
Q7: GDP does not reflect<br>A)the value of leisure.<br>B)the
Q15: If the prices of all goods and
Q31: Which of the following correctly orders U.S.income
Q91: GDP excludes most items that are produced
Q218: GDP is defined as the market value
Q418: Table 10-4<br>The country of Caspir produces
Q419: Which of the following is not included
Q423: We would expect a macroeconomist, as opposed
Q424: Table 10-1<br>The table below contains data
Q427: Foreign citizens earn more income in Ireland