Which of the following is a part of GDP?
A) The value of a homemaker's services
B) The value of a haircut
C) The value of an old car purchased during a year
D) The value of an existing house sold during a year
Correct Answer:
Verified
Q36: If an economy produces 100 pencils and
Q37: The largest expenditure component of GDP is:
A)consumption.
B)investment.
C)net
Q38: Negative net exports means:
A)GDP is lower than
Q39: To calculate GDP:
A)add the quantity of all
Q40: Net exports are defined as:
A)GDP minus exports.
B)exports
Q42: Which of the following is a flow
Q43: Which of the following would increase this
Q44: Great Basin National Park, the only national
Q45: The sum of the value added by
Q46: How does stock differ from flow?
A)A flow
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