In calculating this year's GDP, national income accountants
A) include any increase in stock values
B) include an estimate for income from illegal activities
C) exclude Social Security payments to retirees
D) exclude the value of any repairs made on existing property
E) exclude the value of new pollution control equipment that is being installed
Correct Answer:
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Q3: Assume you deplete your savings to buy
Q4: Which of the following is FALSE?
A)U)S. GDP
Q5: Depreciation is
A)the difference between gross investment and
Q6: Assume a U.S.dealer bought 100 TVs from
Q7: In the United States, annual per-capita GDP
Q9: Increases in unwanted business inventories are counted
Q10: If private domestic saving in an economy
Q11: The difference between gross domestic investment and
Q12: Assume nominal GDP increased by 4.2% in
Q13: Assume you built a new house, bought
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