Which of the following examples would NOT be counted as a final good for inclusion in GDP?
A) a sheet of antique leaded glass bought by a home renovator from a construction recycler
B) a sheet of glass purchased by General Motors for the side window of a new car
C) a piece of glass bought by a consumer to fix a broken window
D) a sheet of glass produced this year and ending up in the inventory of a retail hardware store
Correct Answer:
Verified
Q7: Which of the following best describes intermediate
Q8: Which of the following purchases is an
Q9: What does GDP calculate?
A)the total revenue received
Q10: Which of the following is NOT part
Q11: Which of the following accurately describes GDP?
A)the
Q13: What does GDP NOT directly include?
A)the value
Q14: Which of the following is included in
Q15: Which of the following is an example
Q16: What is the term for goods and
Q17: Which of the following products is NOT
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