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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 23
Key Concept: Gross Domestic Product
Which of the following items is included in the calculation of GDP?
A) Purchase of 100 shares of Apple stock.
B) Purchase of a used car.
C) The value of a homemaker's services.
D) Sale of Gulf War military surplus.
E) None of the above would be included.
Which of the following items is included in the calculation of GDP?
A) Purchase of 100 shares of Apple stock.
B) Purchase of a used car.
C) The value of a homemaker's services.
D) Sale of Gulf War military surplus.
E) None of the above would be included.
Explanation
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Stock is a financial investment and is n...
Economics for Today 9th Edition by Irvin Tucker
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