Multiple Choice
Which of the following will result in an increase in measured GDP
A) Buying a second hand car
B) Spending a month making a computer out of spare parts you had of old computers
C) Spending all day tidying up your house so you will get a better price for it when potential buyers visit
D) Giving up cooking for yourself and going out to eat every evening
E) all of the above
Correct Answer:
Verified
Correct Answer:
Verified
Q19: Purchasing Power Parity<br>A) is an income redistribution
Q20: The next questions refer to the following
Q21: In practice initial estimates of GDP<br>A) are
Q22: Firms' unsold inventory<br>A) is not counted in
Q23: Countries A and B have the same
Q25: In most industrial economies,the largest component of
Q26: The next questions refer to the following
Q27: Real GDP is a better measure of
Q28: Most of the world's economic output is
Q29: The next questions refer to the following