The reason that only final sales count in GDP is to
A) make it easier to do the accounting.
B) avoid double counting.
C) undervalue labor.
D) overvalue capital.
Correct Answer:
Verified
Q1: Which of these goods will not be
Q3: The expenditures approach to GDP equals
A)Employee Compensation
Q4: Suppose a Boeing 777 is sold to
Q5: Gross Domestic Product is counted using two
Q6: How does GDP deal with a Ford
Q7: The reason that only final sales are
Q8: Suppose an apple pie sells at a
Q9: If a market basket was defined in
Q10: The income approach to GDP equals
A)Employee Compensation
Q11: One subject of study for macroeconomics is
A)inflation.
B)monopoly.
C)perfect
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