Imputed value of good is added to the GDP because:
A) they indeed represent value
B) there is no market price for that
C) they increase consumption
D) none of the above
Correct Answer:
Verified
Q14: Which one in the following is a
Q15: Which one in the following is a
Q16: Why do not the sale or purchase
Q17: Inventories are unsold goods produced by a
Q18: The value of 'intermediate goods' are excluded
Q19: Value added at each stage of production
Q21: GDP Deflator is also called as:
A)implicit cost
Q22: Personal Income includes:
A)dividend distributed
B)social insurance contributions
C)corporate profit
D)none
Q23: Disposable Income does not include:
A)excise dutypaid
B)income tax
C)customs
Q24: Investment is reckoned by which method for
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