Multiple Choice
Which one of the following is NOT included in GDP?
A) You pay a roofer $2,000 to repair your roof after it is damaged in a hailstorm.
B) You pay a roofer $2,000 to repair your roof after you discover leaks have appeared due to normal wear and tear.
C) You give up a weekend of leisure to repair your roof yourself.
D) You purchase $20 worth of first aid supplies at the local drugstore to treat the cuts and scrapes you suffered while crawling around on the roof.
Correct Answer:

Verified
Correct Answer:
Verified
Q125: Which of the following transactions is included
Q126: The dollar value of an industry's sales
Q127: Which of the following spending components makes
Q128: Suppose a firm purchases new equipment to
Q129: National income accounting is<br>A) how the amount
Q131: Nominal values are<br>A) measured in terms of
Q132: Your parents surprise you with a $500
Q133: The annual cost of producing the entire
Q134: Which of the following statements is FALSE?<br>A)
Q135: Suppose Social Security contributions rise by $10