Which of the following is excluded from GDP?
A) the labour supplied by a lawyer to defend a suspect charged with a criminal offense
B) the purchase of new computers by a police department
C) the labour services provided by a police officer in the narcotics squad
D) the purchase price of illegal drugs sold by a drug dealer
E) the repairs to a police car after damage as a result of a high speed chase
Correct Answer:
Verified
Q2: Transfer payments are excluded from the government
Q3: When calculating GDP from the expenditure side,
Q4: Which of the following is the most
Q5: Which of the following purchases by households
Q6: Disposable personal income is calculated as
A)equal to
Q7: An example of a transfer payment is
A)government
Q8: When adding up the value of all
Q9: In macroeconomics, the term "capital goods" refers
Q10: If nominal GDP in some year is
Q11: Suppose that in 2000, Canada Cars Corporation
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