Multiple Choice
A consumption good that would NOT be counted in GDP would be:
A) the coffee Cyndi buys on her way to work in the morning.
B) Cyndi's brand new car.
C) the sunglasses Cyndi bought on clearance sale yesterday.
D) Ford company's purchase of steel.
Correct Answer:
Verified
Correct Answer:
Verified
Q128: A closed economy refers to an economy
Q129: Jake, Sr. sells the family business, a
Q130: Which of the following does not appear
Q131: Clarence is a Japanese citizen working for
Q132: An example of a final service is:<br>A)
Q134: Sally is a U.S. citizen who works
Q135: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6625/.jpg" alt=" Assume the table
Q136: The value-added approach of calculating GDP:<br>A) is
Q137: GDP per capita:<br>A) is an average income
Q138: U.S. GDP increased from $12.5 trillion in