Which of the following are not included in the consumption component of gross domestic product?
A) Purchases of stocks and bonds.
B) Consumer durable goods
C) Nondurable consumption goods
D) Consumer services
Correct Answer:
Verified
Q1: To calculate personal savings,you would need information
Q3: The investment component of GDP includes
A)residential construction
Q4: The broadest measure of the aggregate price
Q5: Consumption expenditure includes
A)the production of consumption goods
Q6: Real gross national product is
A)the same as
Q7: National income is defined as gross national
Q8: The calculation of potential output in the
Q9: The index that measures the change in
Q10: If the nominal GDP is $12,000 in
Q11: If the value of a price index
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