Which of the following expenditures would not be included in GDP?
A) Purchase of a new lawnmower.
B) Purchase of a second-hand car.
C) Purchase of a ticket to the latest movie.
D) All of the above would be counted in GDP.
Correct Answer:
Verified
Q7: GDP counts only:
A) all goods and services
Q7: The difference between GDP at factor cost
Q8: Which of the following expenditures would be
Q8: If I bought 1000 shares in Newish
Q12: Which of the following purchases would be
Q13: Gross domestic product (GDP)includes:
A)all goods and services.
B)newly
Q16: Gross domestic product is officially measured by
Q17: Based on the circular flow model, money
Q19: The circular flow model represents the establishment
Q19: Intermediate goods are goods and services used:
A)
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