Which of the following will count in this year's GDP?
A) The value of a house built last year
B) The real estate broker's fee on the sale of the house this year
C) The value of a new Toshiba built-in home theatre system installed to help sell the house
D) All of these would be counted in this year's GDP.
E) All of these would not be counted in this year's GDP.
Correct Answer:
Verified
Q15: National income accounting is
A) used by business
Q16: Q17: Which of the following economic activities is Q18: GDP can be calculated as Q19: What is the importance of not including Q22: What is a consumer price index? Q23: Which of the following is included in Q24: C + I + G + X Q25: Historically, nominal GDP in the United States Q26: Which of the following is subtracted from
A) output.
B) expenditures.
C)
A) A
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