Which of the following expenditures would be included in GDP for this year?
A) The purchase of a new car.
B) The purchase of a new tire by General Motors for a new car.
C) The purchase of a used car.
D) All of the above would be included.
Correct Answer:
Verified
Q2: Payments to households not in exchange for
Q2: Payments to households not in exchange for
Q12: Gross domestic product is officially measured by
Q12: Gross domestic product (GDP) includes:
A) intermediate as
Q14: The GDP of a country can be
Q15: Gross domestic product is the sum of
Q16: Which of the following is included in
Q19: Gross domestic product is equal to the
Q20: GDP measures the economy's production of:
A) final
Q21: The three components of personal consumption expenditures
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