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Author Question: Which of the following would notbe counted in 2016's GDP? (Read 61 times)

robinn137

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Question 1

By not counting the value of intermediate goods when calculating GDP, you avoid


◦ deficit spending.
◦ double counting.
◦ black-market accounting.
◦ year-to-date calculations.

Question 2

Which of the following would 
not be counted in 2016's GDP?


◦ the value of a laser printer manufactured in 2016 but not sold in 2016
◦ the commissions earned by a sales associate in selling home theater systems built prior to 2016
◦ the value of a 1976 convertible you purchase from a dealer in 2016
◦ the 2016 salary of a used furniture salesperson


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Marked as best answer by robinn137 on Apr 19, 2019

mariahkathleeen

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robinn137

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Excellent



mariahkathleeen

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Great! Please up vote :D



 

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