Gross domestic product (GDP) does not include:
A) used goods sold in the current time period.
B) foreign produced goods.
C) intermediate as well as final goods.
D) None of these would be included.
Correct Answer:
Verified
Q21: The three components of personal consumption expenditures
Q22: The market value of all final goods
Q24: GDP includes:
A) the negative attributes from erosion
Q26: Activities that are directly included in GDP
Q27: The unreported or illegal production of goods
Q29: Gross private domestic investment includes business
A)purchases of
Q29: Gross private domestic investment or simply business
Q33: Personal consumption expenditures include:
A) all commodities that
Q35: Which of the following activities would be
Q48: The largest component of GDP is:
A) personal
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