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

Author Question: Which of the following would notbe counted in 2016's GDP? (Read 40 times)

Engineer

  • Hero Member
  • *****
  • Posts: 527
on: Apr 19, 2019

Question 1

Double counting can be avoided by


◦ including the value of intermediate goods in the current year.
◦ not counting the value of intermediate goods in GDP.
◦ including the value of intermediate goods in the GNP but not in the GDP.
◦ including the value of intermediate goods in the production year but not in the selling year of those goods.

Question 2

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


◦ the value of a 2008 boat you purchase from a boat dealer in 2016
◦ the 2016 salary of a used motorcycle salesperson
◦ the commissions earned by a real estate agent in selling condominiums built prior to 2016
◦ the value of a refrigerator manufactured in 2016 but not sold in 2016
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by Engineer on Apr 19, 2019

juiceman1987

  • Sr. Member
  • ****
  • Posts: 316
Reply #1 on: Apr 19, 2019
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.
Answer Preview
Only 39% of students answer this correctly


Engineer

  • Hero Member
  • *****
  • Posts: 527
Reply #2 on: Apr 19, 2019
Thank you!


juiceman1987

  • Sr. Member
  • ****
  • Posts: 316
Reply #3 on: Apr 19, 2019
Always glad to help...


« previous next »
 

Did you know?

Pregnant women usually experience a heightened sense of smell beginning late in the first trimester. Some experts call this the body's way of protecting a pregnant woman from foods that are unsafe for the fetus.

Did you know?

A serious new warning has been established for pregnant women against taking ACE inhibitors during pregnancy. In the study, the risk of major birth defects in children whose mothers took ACE inhibitors during the first trimester was nearly three times higher than in children whose mothers didn't take ACE inhibitors. Physicians can prescribe alternative medications for pregnant women who have symptoms of high blood pressure.

Did you know?

Always store hazardous household chemicals in their original containers out of reach of children. These include bleach, paint, strippers and products containing turpentine, garden chemicals, oven cleaners, fondue fuels, nail polish, and nail polish remover.

Did you know?

The familiar sounds of your heart are made by the heart's valves as they open and close.

Did you know?

Signs of depression include feeling sad most of the time for 2 weeks or longer; loss of interest in things normally enjoyed; lack of energy; sleep and appetite disturbances; weight changes; feelings of hopelessness, helplessness, or worthlessness; an inability to make decisions; and thoughts of death and suicide.

Red-eyed vireos, Vireo olivaceus, counted along census routes of the Breeding Bird Survey Red-eyed vireos, Vireo olivaceus, counted along census routes of the Breeding Bird Survey
In the summer of 1793, a yellow fever epidemic struck Philadelphia, killing nearly 4,000. Tens of th In the summer of 1793, a yellow fever epidemic struck Philadelphia, killing nearly 4,000. Tens of th
Annual Federal Deficit (or Surplus), 1992–2016 Annual Federal Deficit (or Surplus), 1992–2016
Statistics Center (07/2016) Statistics Center (07/2016)
Age-Standardized Suicide Rates (per 100 000 Population), Both Sexes, 2016 Age-Standardized Suicide Rates (per 100 000 Population), Both Sexes, 2016
Belief that premarital sex is “not wrong at all,” Canada, 1975—2016 (in percent) Belief that premarital sex is “not wrong at all,” Canada, 1975—2016 (in percent)
Video: Five phases of cardiac cycle & Atrial contraction

For a complete list of videos, visit our video library