Multiple Choice
Which of the following would not be included in the measurement of GDP?
A) the spark plugs you bought to tune up your car at home
B) the government hiring a public relations consultant
C) any improvements in product or service quality not reflected in a higher price
D) winning a brand new Chevy truck in a contest
E) sales of U.S.beef to Scotland
Correct Answer:
Verified
Correct Answer:
Verified
Q42: An imputed payment<br>A)is a payment that is
Q43: Which of the following would not be
Q44: Imports are a leakage from the circular
Q45: Marianne and Laura are both homemakers with
Q46: GDP reflects many things; however,it does not
Q48: Suppose that the economy is in equilibrium
Q49: If the CPI this year is 162
Q50: Which of the following is not true
Q51: Louis always knits ten sweaters a year
Q52: If the CPI is 200 one year