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Author Question: Which of the following would be included in the calculation of Gross Domestic Product (GDP)? A) ... (Read 55 times)

ereecah

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on: Jun 30, 2018
Which of the following would be included in the calculation of Gross Domestic Product (GDP)?
 
  A) the value of spending on new machinery and equipment
  B) the value of the sale of 1,000 shares of IBM stock
  C) the value of transfer payments
  D) the value of the sale of a used guitar

Question 2

The approach used in the U.S. to measure the economy's aggregate performance is
 
  A) the total value of securities.
  B) national income accounting.
  C) to add up the value of intermediate goods.
  D) to add up the total value of financial transactions, transfer payments, and secondhand goods.
  E) all of the above.


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Bigfoot1984

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Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

B


ereecah

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Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

kalskdjl1212

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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