Which one of these would be included in GDP calculations?
A) a windshield purchased by General Motors
B) a hamburger purchased by a hungry restaurant patron
C) petroleum purchased by a refiner from the company that drilled it
D) nails purchased by a building contractor
Correct Answer:
Verified
Q105: Net domestic product measures
A) C + I
Q106: Which of these is NOT a concern
Q107: Depreciation is included in the GDP.
Q108: Investment in structures, equipment, software, and net
Q109: Suppose the National Activity Index of the
Q111: Gross domestic product is a measure of
A)
Q112: Which item is NOT a category of
Q113: The economy is not likely to be
Q114: The diagram that illustrates how households and
Q115: Over the past 150 years, the U.S.
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents