Which of the following is included in U.S.GDP?
A) The sale of a new car from a manufacturer's inventory
B) The purchase of a watch from a Swiss company
C) The sale of a used car
D) A newly constructed house
Correct Answer:
Verified
Q13: Because government services are not sold in
Q14: Describe the three different approaches to measuring
Q15: The measurement of GDP includes
A)nonmarket goods such
Q16: Government statisticians adjust GDP figures to include
Q17: The value added of a producer is
Q19: The fundamental identity of national income accounting
Q20: The accounting framework used in measuring current
Q21: Monica grows coconuts and catches fish.Last year
Q22: If C = $400,I = $100,G =
Q23: GDP differs from GNP because
A)GDP = GNP
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