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Economics for Today 9th Edition by Irvin Tucker
Edition 9ISBN: 978-1305507111Economics for Today 9th Edition by Irvin Tucker
Edition 9ISBN: 978-1305507111 Exercise 28
Which of the following are counted in this year's GDP? Explain your answer in each case.
A) Flashy Car Company sold a used car.
B) Juanita Jones cooked meals for her family.
C) IBM paid interest on its bonds.
D) José Suarez purchased 100 shares of Microsoft stock.
E) Bob Smith received a welfare payment.
F) Carriage Realty earned a brokerage commission for selling a previously owned house.
G) The government makes interest payments to persons holding government bonds.
H) Air and water pollution increase.
I) Gambling is legalized in all states.
J) A retired worker receives a Social Security payment.
A) Flashy Car Company sold a used car.
B) Juanita Jones cooked meals for her family.
C) IBM paid interest on its bonds.
D) José Suarez purchased 100 shares of Microsoft stock.
E) Bob Smith received a welfare payment.
F) Carriage Realty earned a brokerage commission for selling a previously owned house.
G) The government makes interest payments to persons holding government bonds.
H) Air and water pollution increase.
I) Gambling is legalized in all states.
J) A retired worker receives a Social Security payment.
Explanation
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b. The meals cooked for the family is no...
Economics for Today 9th Edition by Irvin Tucker
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