Multiple Choice
Which of the following would not be included in the measurement of GDP?
A) federal government purchases of automobiles
B) a purchase of California wine by a Canadian firm
C) employers' payments for employees' medical insurance
D) a state government's purchase of personal computers
E) transactions in the underground economy
Correct Answer:
Verified
Correct Answer:
Verified
Q52: If the CPI is 200 one year
Q53: Net taxes are indirect business taxes minus
Q54: If a firm hires labor for $8,000,pays
Q55: In GDP measurement,consumer spending includes<br>A)spending by businesses
Q56: Which of the following is an injection
Q58: GDP does not include the<br>A)increase in business
Q59: Other things equal,increased imports decrease GDP.
Q60: Suppose that 1986 is our base year
Q61: Depreciation refers to a decrease in the
Q62: Which of the following would not be