Which of the following would not be included in GDP in 1998?
A) A car that is produced in 1997 and sold in 1998.
B) A car that is produced and sold in 1998.
C) A car that is produced in 1998, but not sold.
D) The amount you pay your doctor for health care in 1998.
Correct Answer:
Verified
Q36: GDP is defined as:
A) the market value
Q37: In order to determine how much the
Q38: Which of the following statements is correct?
A)
Q39: Consumption is:
A) the largest component of GDP.
B)
Q40: A good that is purchased for resale
Q42: Which of the following describe an intermediate
Q43: Which of the following is an example
Q44: Which of the following describe an intermediate
Q45: Which of the following would be considered
Q46: Which of the following would be included
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