Multiple Choice
Which of the following is not part of GDP?
A) the value of a new home built and purchased during the year
B) the value of shares of Microsoft stock bought and sold during the year
C) the value of long distance telephone services rendered during the year
D) the value of new furniture produced during the year
Correct Answer:

Verified
Correct Answer:
Verified
Q10: Which of the following is a problem
Q11: Which of the following would not be
Q12: If real GDP increased by 2% and
Q13: A price index can fall from one
Q14: Declines in business inventories enter national income
Q16: Which is greater, gross domestic product or
Q17: What is the measure of the income
Q18: Using the expenditure approach to GDP accounting,
Q19: Inflation that causes an increase in the
Q20: If nominal GDP rises:<br>A)we can be sure