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Author Question: Which one of the following transactions would be included in GDP? a. Ms. Kim pays 50 for a used ... (Read 290 times)

fox

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on: Jun 30, 2018
Which one of the following transactions would be included in GDP?
 a. Ms. Kim pays 50 for a used picture frame at a neighborhood garage sale.
  b. Mr. Doe donates 500 to his town's junior college scholarship fund.
  c. Ms. Bartolini pays 500 to fix the front end of her car damaged in a recent accident.
  d. Ms. Smith pays 5,000 to purchase 100 shares of Microsoft stock.

Question 2

Which of the following is true?
 a. GDP is a flow concept.
  b. The purchase prices of both intermediate goods and final goods are included in GDP.
  c. GDP measures economic welfare.
  d. GDP is a measure of changes in the general level of prices.
Macroeconomics: Principles, Applications and Tools ¦ O'Sullivan, Sheffrin, Perez ¦ 7th Edition
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Joc

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Reply #1 on: Jun 30, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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fox

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

yeungji

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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