Multiple Choice
Which of the following is counted in GDP?
A) the value of goods and services produced in the underground economy
B) the cost of a speed boat purchased by drug smugglers
C) the value of do-it-yourself work
D) the value of leisure
Correct Answer:

Verified
Correct Answer:
Verified
Q40: Table 8-8<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1236/.jpg" alt="Table 8-8
Q41: Describe briefly how the final value of
Q42: The purchase by a foreign government of
Q43: National income equals gross national product minus<br>A)imports.<br>B)depreciation.<br>C)inventories.<br>D)changes
Q44: Table 8-13<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1236/.jpg" alt="Table 8-13
Q46: What is the largest component of spending
Q47: Because workers in the United States work
Q48: Table 8-18<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1236/.jpg" alt="Table 8-18
Q49: Value added equals the market price of
Q50: The GDP deflator is the<br>A)difference between real