This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Which of the following expenditures would not be included in GDP? a. Purchase of a new lawnmower. ... (Read 55 times)

tiara099

  • Hero Member
  • *****
  • Posts: 588
on: Jun 30, 2018
Which of the following expenditures would not be included in GDP?
 a. Purchase of a new lawnmower.
  b. Purchase of a silver cup previously sold new in 1950.
  c. Purchase of a ticket to the latest movie.
  d. All of these would be counted in GDP.

Question 2

Which of the following items is included in the calculation of GDP?
 a. Purchase of 100 shares of General Motors stock.
  b. Purchase of a used car.
  c. The value of a homemaker's services.
  d. Sale of Gulf War military surplus.
  e. None of these would be included.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

dellikani2015

  • Sr. Member
  • ****
  • Posts: 332
Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

e


tiara099

  • Member
  • Posts: 588
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

kusterl

  • Member
  • Posts: 315
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

Bacteria have been found alive in a lake buried one half mile under ice in Antarctica.

Did you know?

The Centers for Disease Control and Prevention (CDC) was originally known as the Communicable Disease Center, which was formed to fight malaria. It was originally headquartered in Atlanta, Georgia, since the Southern states faced the worst threat from malaria.

Did you know?

The average adult has about 21 square feet of skin.

Did you know?

The Centers for Disease Control and Prevention has released reports detailing the deaths of infants (younger than 1 year of age) who died after being given cold and cough medications. This underscores the importance of educating parents that children younger than 2 years of age should never be given over-the-counter cold and cough medications without consulting their physicians.

Did you know?

About 100 new prescription or over-the-counter drugs come into the U.S. market every year.

Nebulizer. The nebulizer converts a liquid medication to a mist that is easily inhaled. A face mask, Nebulizer. The nebulizer converts a liquid medication to a mist that is easily inhaled. A face mask,
Louisiana Purchase Louisiana Purchase
Edward Bellamy, author of the utopian novel Looking Backward (1888) Bellamy’s socialism worried many Edward Bellamy, author of the utopian novel Looking Backward (1888) Bellamy’s socialism worried many
W. A. Rogers’s engraving, “Out of the Game,” showed one injured boy tending to another. It appeared W. A. Rogers’s engraving, “Out of the Game,” showed one injured boy tending to another. It appeared
Sample purchase order form. Sample purchase order form.
Sonal bought a coat for $198.88, which included 8% PST and 5% GST. What was the selling price ... Sonal bought a coat for $198.88, which included 8% PST and 5% GST. What was the selling price ...
Video: Polymerase chain reaction PCR - Animation

For a complete list of videos, visit our video library