Which of the following items would be included in the calculation of GDP?
A) The value of the car produced this year within the country.
B) Purchase of a used car.
C) The value of an environmental degradation.
D) Sale of Gulf War military surplus.
Correct Answer:
Verified
Q3: Gross national product is also known as:
A)gross
Q5: Suppose a miller sells flour to a
Q6: The payment of welfare benefits by the
Q7: The difference between GDP at factor cost
Q7: GDP counts only:
A) all goods and services
Q8: If I bought 1000 shares in Newish
Q8: Which of the following expenditures would be
Q18: The portion of the circular flow model
Q19: The circular flow model represents the establishment
Q20: Australian gross domestic product is the market
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