Which of the following would NOT be included in this year's GDP?
A) The purchase of 100 shares of Microsoft stock
B) The replacement of a muffler on a 1978 Chevy
C) The commission charged by a real estate agent
D) The services of a hair stylist
E) The tuition fee for a course in economics
Correct Answer:
Verified
Q36: Gross Domestic Product is the total market
Q37: If 1987 is the base year,then which
Q38: If our population doubles,our GDP quadruples,and our
Q39: If real GDP falls from one period
Q40: If our GDP triples,our GDP deflator stays
Q42: Which of the following circumstances would cause
Q43: National income accountants can avoid multiple accounting
Q44: If GDP rose from $5 trillion in
Q45: National income is the sum of all
Q46: Intermediate products are
A)goods that are purchased by
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