Which of the following would not be included in personal consumption expenditure?
A) College tuition
B) Medical expenses
C) Federal police protection
D) A movie ticket
Correct Answer:
Verified
Q24: Using the expenditure approach, gross domestic product
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Q26: Which of the following equations is the
Q27: Conceptually, a country's GDP equals the:
A)sum of
Q28: A change in business inventories is:
A)not counted
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Q31: If an economy produces 100 pencils valued
Q32: Personal consumption expenditures consist of:
A)household and individual
Q33: If U.S. net exports are positive, then
Q34: The total market value of all final
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