An increase in the price you pay for a haircut will:
A) contribute to GDP as a purchase of a good.
B) contribute to GDP as a purchase of a service.
C) not contribute to GDP.
D) contribute to GDP only if your hair stylist is a U.S.citizen.
Correct Answer:
Verified
Q51: Final goods are goods:
A) used to produce
Q52: A car produced by the Japanese company
Q53: Birmingham Steel sells steel to Winston Golf
Q54: Which of these transactions occurring in 2011
Q55: The sale of sugar will contribute to
Q57: Which transaction will be included in GDP?
A)
Q58: A car produced by the American company
Q59: Services involve production that provides:
A) a benefit
Q60: The calculation of GDP includes:
A) both goods
Q61: GDP is calculated by the:
A) Council of
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