Multiple Choice
Which of the following is included in the calculation of GDP?
A) expenditure on new construction
B) a retiree's monthly Social Security check
C) buying a house built 10 years ago
D) buying shares of Home Depot stock
Correct Answer:

Verified
Correct Answer:
Verified
Q20: A country's GNP:<br>A) must be larger than
Q39: Gross domestic product is defined as:<br>A) consumer
Q127: If we add up the consumer spending
Q130: Purchases of imported products are:<br>A)subtracted from GDP.<br>B)considered
Q131: Use the following to answer questions:<br>Table: Real
Q132: Use the following to answer questions :
Q136: If GDP increases from $10 trillion to
Q137: The GDP deflator is equal to:<br>A)nominal GDP
Q139: Use the following to answer questions:<br>Figure: Expanded
Q140: Households demand resources in the factor markets.