Multiple Choice
Which of the following would not be counted as a final good for inclusion in GDP?
A) a piece of glass bought by a consumer to fix a broken window
B) a sheet of glass purchased by General Motors for the side window of a new car
C) a sheet of glass produced this year and ending up in the inventory of a retail hardware store
D) All of the above are counted.
Correct Answer:

Verified
Correct Answer:
Verified
Q6: Net exports are defined as:<br>A)exports plus imports.<br>B)exports
Q7: The dollar value of stocks and bonds
Q8: The total dollar value of purchases in
Q9: In the national income accounts, investment includes:<br>A)expenditures
Q10: Which of the following is a problem
Q12: If real GDP increased by 2% and
Q13: A price index can fall from one
Q14: Declines in business inventories enter national income
Q15: Which of the following is not part
Q16: Which is greater, gross domestic product or