Multiple Choice
To avoid double counting in the calculation of GDP,which types of goods are typically excluded from the calculation?
A) intermediate goods
B) capital goods
C) inventory goods
D) nonmarket goods
E) value-added goods
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q40: If a large number of people were
Q41: In the 1970s,nominal interest rates in the
Q42: An increase in the actual rate of
Q43: State the fundamental identity of national income
Q44: Figure 2.5 Unemployment in the adult civilian
Q46: All income,production,and expenditure variables that are measured
Q47: A small business owner has a line
Q48: The Federal Funds Rate is _.<br>A)the rate
Q49: In relatively poor economies,modest expenditures on public
Q50: Private disposable income equals GDP _.<br>A)minus corporate