Which of the following is NOT included in the calculation of GDP?
A) your granny's monthly Social Security payment
B) the new textbook you purchase
C) a cup of coffee from a vendor
D) the wages you pay to the employee who cleans your house
Correct Answer:
Verified
Q424: Value added is equal to the value
Q425: Purchases of imported products are:
A)subtracted from GDP.
B)considered
Q426: Use the following to answer questions :
Q427: Use the following to answer questions :
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Q428: Use the following to answer questions :
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Q429: Use the following to answer questions :
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Q430: Use the following to answer questions :
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Q432: Use the following to answer questions :
Q433: Double counting would occur if:
A)GDP were calculated
Q434: Spending on inputs is _ of GDP,
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