Which of the following would be included in GDP?
A) Production of computers by IBM in Japan
B) The value of a car.
C) The commission on the sale of your house.
D) The value of childcare provided at home by the child's mother.
Correct Answer:
Verified
Q20: In the event of deflation,or negative inflation,then
A)real
Q21: Government purchases of goods and services
A)consist of
Q22: The primary emphasis in U.S.national income accounts
Q23: Assume that gross national product amounts to
Q24: Policymakers utilize gross domestic product figures
A)to monitor
Q26: Potential output
A)is defined as the level of
Q27: In the U.S.,government expenditure accounts for
A)10% of
Q28: Which of the following governmental expenditures are
Q29: Based on the data in Table 2-7,recessions
Q30: Personal saving
A)equals national income less personal consumption
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