Multiple Choice
Which of the following is not included in GDP?
A) the fees for legal services rendered by your attorney
B) the replacement of brake pads on your six-year-old vehicle
C) cash income paid to a day laborer that is not reported to the tax authorities
D) the payments for a chiropractor's services
Correct Answer:
Verified
Correct Answer:
Verified
Q78: If nominal GDP increased from $4,500 billion
Q79: The net national product (NNP) can be
Q80: Which of the following is a problem
Q81: Household income after taxes is called:<br>A)national income.<br>B)gross
Q82: If real GDP increased by 2% and
Q84: Which of the following is true?<br>A)Purchases of
Q85: If Jim pays $1000 to John:<br>A)GDP will
Q86: Personal income includes:<br>A)income received in the form
Q87: Which of the following is true?<br>A)Real GDP
Q88: The era of Prohibition began in 1920