Multiple Choice
Which of these goods is a final good that would be counted in GDP in the year it is produced?
A) tomatoes used by an Italian restaurant
B) wood used for making furniture
C) an oven for installation in a bakery
D) a computer chip used in a laptop computer
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q172: An increase in the price you pay
Q173: The calculation of GDP includes:<br>A) both goods
Q174: Spending on goods imported into the United
Q175: A decline in nominal GDP is the
Q176: GDP provides a measure of:<br>A) economic welfare
Q178: GDP includes the:<br>A) current market value of
Q179: Nominal GDP in the United States grew
Q180: The value of a car produced and
Q181: A tractor built in 2001 and still
Q182: A large part of what government does