Of the following items, which would NOT be included in GDP?
A) the dollar value of a repair job done by your cousin on her own car
B) the dollar value of a lawyer's service
C) new car sales by a local dealer
D) production of new cars that were not sold in the current year
Correct Answer:
Verified
Q110: Goods that are produced in a particular
Q114: An example of an intermediate good is:
A)wages
Q115: A nation's exports minus its imports:
A) equals
Q116: Which of the following would NOT be
Q117: The calculation of GDP includes the value
Q117: Net exports are calculated by subtracting:
A) imports
Q118: Purchases of _ are included in GDP.
A)
Q118: Which of the following is the best
Q119: Which one of the following transactions will
Q120: The total volume of business sales in
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents