Multiple Choice
All are examples of government purchases that would be included in GDP except:
A) pencils for the employees of the FBI to use.
B) the salaries of those in the military working in California.
C) replacement calculators for the Congressional Budget Office.
D) salaries paid by government to foreign contractors in Iraq.
Correct Answer:
Verified
Correct Answer:
Verified
Q1: Which of the following is an intermediate
Q2: Government purchases, as a component of GDP
Q4: GDP per capita can be summarized to
Q5: Net exports is calculated by:<br>A) adding total
Q6: If consumption is $6 billion, investment is
Q7: Measuring the national income accounts can NOT
Q8: Suzi is a British citizen who works
Q9: If imports are $4 billion and net
Q10: Suppose you are given the following annual
Q11: The circular flow model illustrates the crucially