Multiple Choice
Educational services provided by public schools are:
A) included in GDP at market prices.
B) included in GDP at cost.
C) excluded from GDP because they are not sold in markets.
D) excluded from GDP because they are intermediate goods.
Correct Answer:
Verified
Correct Answer:
Verified
Q185: Assume an economy produces only footballs and
Q186: If an automobile manufacturer pays $200 for
Q187: Net export spending is expenditures on:<br>A)stocks, bonds,
Q188: Two groups of workers not counted as
Q189: The most commonly used measure of an
Q191: Which of the following is NOT a
Q192: If two countries are economically identical except
Q193: Capital income includes:<br>A)profits, rent, and interest.<br>B)wages and
Q194: Which of the expenditure components of GDP
Q195: Which of the following is not classified