All of the following transactions that took place in 2014 would be included in GDP for 2014 except the purchase of a:
A) book printed in 2014,entitled The Year 3000.
B) 2001 Jeep Cherokee.
C) year 2015 calendar printed in 2014.
D) ticket to see the movie 2001.
Correct Answer:
Verified
Q3: In a closed economy,GDP is all of
Q4: All of the following are a stock
Q5: The market value of all final goods
Q7: To compute the value of nominal GDP:
A)
Q8: The statistic used by economists to measure
Q9: All of the following are measures of
Q10: The economic statistic used to measure the
Q12: In the circular flow model, the flow
Q13: Which of the following is a stock
Q18: Assume that total output consists of 4
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