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Author Question: Which of the following is not included in GDP calculations? a. the value of an accountant's ... (Read 14 times)

silviawilliams41

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Which of the following is not included in GDP calculations?
 a. the value of an accountant's services
 b. the value of 500 shares of Microsoft stock sold to an investor
 c. the value of high-definition television sets produced, but not sold, during the year
  d. the value of a haircut

Question 2

In the long run, increased consumption spending raises only the price level.
 a. True
  b. False
  Indicate whether the statement is true or false



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aburgess

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Answer to Question 1

b

Answer to Question 2

True




silviawilliams41

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)


kjohnson

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Reply 3 on: Yesterday
Gracias!

 

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