Which of the following expenditures would not be included in GDP?
A) Purchase of a new lawnmower.
B) Purchase of a second-hand car from the black market.
C) Purchase of a ticket to the latest movie.
D) All of the above would be counted in GDP.
Correct Answer:
Verified
Q1: Gross domestic product includes:
A) all goods and
Q2: The payment of welfare benefits by the
Q3: Gross domestic product (GDP) is officially measured
Q6: GDP:
A) is the dollar value of all
Q6: Gross national product is also known as:
A)
Q7: GDP counts only:
A) all goods and services
Q8: Which of the following expenditures would be
Q9: Gross domestic product includes:
A) intermediate as well
Q10: Suppose a miller sells flour to a
Q11: Which of the following are not included
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