Multiple Choice
Which of the following transactions is included in GDP?
A) funds given to a college student by her parents
B) funds received by a college student for working in the college dining hall
C) funds given to a family on welfare
D) Social Security check received by an elderly couple
Correct Answer:
Verified
Correct Answer:
Verified
Q167: Consider the following: Farmer Jones bought seed
Q168: Fixed investment includes<br>A) business spending on plant
Q169: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5018/.jpg" alt=" -Refer to the
Q170: Which of the following will be included
Q171: GDP minus depreciation equals<br>A) national income.<br>B) aggregate
Q173: Suppose 2010 is the base year. From
Q174: Many economists argue that real GDP is<br>A)
Q175: Net exports for the United States<br>A) are
Q176: A capital good is<br>A) one produced by
Q177: Why are exports added to (rather than