Which of the following items would be included in GDP?
A) Purchase of new military aircraft by the government.
B) Welfare payments.
C) The value of domestic services provided by homemakers in the home.
D) None of the choices would be included in GDP.
Correct Answer:
Verified
Q145: GDP measures
A)the market value of intermediate products
Q146: Real GDP is the
A)amount of goods and
Q147: Statement I: Both final and intermediate goods
Q148: If GDP in 2008 exceeds GDP in
Q149: If GDP rose from 8000 to 10,000
Q151: In the year 2008,suppose that GDP is
Q152: In 1984,the base year,GDP was 3000.In 1988
Q153: The fact that GDP has risen faster
Q154: In 1991,the base year,GDP was 5000.In 1993
Q155: GDP that has been adjusted for changes
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