Which of the following would be counted as a final good for inclusion in GDP?
A) A piece of glass bought this year by a consumer to fix a broken window.
B) A sheet of glass produced this year by Ford for windows in a new car.
C) A tire produced this year and sold to a car maker for a new car sold this year.
D) None of these would be counted in GDP.
Correct Answer:
Verified
Q1: Which of the following purchases would be
Q7: Which of the following expenditures would be
Q9: Gross domestic product is officially measured by
Q10: Which of the following items is included
Q10: Which one of the following transactions would
Q11: Which of the following best describes gross
Q12: Gross domestic product (GDP) includes:
A) intermediate as
Q14: The GDP of a country can be
Q19: Intermediate goods are goods and services used:
A)
Q20: GDP measures the economy's production of:
A) final
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents