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

Author Question: Which of the following expenditures would not be included in GDP? a. Purchase of a new lawnmower. ... (Read 87 times)

tiara099

  • Hero Member
  • *****
  • Posts: 588
on: Jun 30, 2018
Which of the following expenditures would not be included in GDP?
 a. Purchase of a new lawnmower.
  b. Purchase of a silver cup previously sold new in 1950.
  c. Purchase of a ticket to the latest movie.
  d. All of these would be counted in GDP.

Question 2

Which of the following items is included in the calculation of GDP?
 a. Purchase of 100 shares of General Motors stock.
  b. Purchase of a used car.
  c. The value of a homemaker's services.
  d. Sale of Gulf War military surplus.
  e. None of these would be included.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

dellikani2015

  • Sr. Member
  • ****
  • Posts: 332
Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

e


tiara099

  • Member
  • Posts: 588
Reply 2 on: Jun 30, 2018
Gracias!

Laurenleakan

  • Member
  • Posts: 309
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

Asthma-like symptoms were first recorded about 3,500 years ago in Egypt. The first manuscript specifically written about asthma was in the year 1190, describing a condition characterized by sudden breathlessness. The treatments listed in this manuscript include chicken soup, herbs, and sexual abstinence.

Did you know?

In the United States, an estimated 50 million unnecessary antibiotics are prescribed for viral respiratory infections.

Did you know?

As the western states of America were settled, pioneers often had to drink rancid water from ponds and other sources. This often resulted in chronic diarrhea, causing many cases of dehydration and death that could have been avoided if clean water had been available.

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.

Did you know?

Cancer has been around as long as humankind, but only in the second half of the twentieth century did the number of cancer cases explode.

Nebulizer. The nebulizer converts a liquid medication to a mist that is easily inhaled. A face mask, Nebulizer. The nebulizer converts a liquid medication to a mist that is easily inhaled. A face mask,
This painting depicts New Orleans in 1803, when the city was acquired—along with much of the modern This painting depicts New Orleans in 1803, when the city was acquired—along with much of the modern
Edward Bellamy, author of the utopian novel Looking Backward (1888) Bellamy’s socialism worried many Edward Bellamy, author of the utopian novel Looking Backward (1888) Bellamy’s socialism worried many
Elementary particles included in the Standard Model Elementary particles included in the Standard Model
Sample purchase order form. Sample purchase order form.
Sonal bought a coat for $198.88, which included 8% PST and 5% GST. What was the selling price ... Sonal bought a coat for $198.88, which included 8% PST and 5% GST. What was the selling price ...
Video: B cells and antibodies

For a complete list of videos, visit our video library