Double counting takes place if GDP includes
A) sales of secondhand goods.
B) nonmarket transactions.
C) nonproductive transactions.
D) final goods measured in constant dollars.
E) the services performed by government officials.
Correct Answer:
Verified
Q6: As of 1999,software purchases by businesses are
A)
Q7: Expressing GDP in constant dollars is an
Q8: The measurement of GDP is useful to
Q9: Comparisons of year-to-year changes in the current
Q10: When measuring GDP,we double count if we
Q12: Productive activities typically excluded from GDP include
A)
Q13: To correct for changes in the price
Q14: Which of the following is excluded from
Q15: A case of wine costs $10 to
Q16: Gross domestic product is a measure of
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