This topic contains a solution. Click here to go to the answer

Author Question: Which one of the following transactions would be included in GDP? a. Ms. Kim pays 50 for a used ... (Read 280 times)

fox

  • Hero Member
  • *****
  • Posts: 540
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.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Joc

  • Sr. Member
  • ****
  • Posts: 317
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




fox

  • Member
  • Posts: 540
Reply 2 on: Jun 30, 2018
Gracias!


Laurenleakan

  • Member
  • Posts: 309
Reply 3 on: Yesterday
Excellent

 

Did you know?

The immune system needs 9.5 hours of sleep in total darkness to recharge completely.

Did you know?

There are over 65,000 known species of protozoa. About 10,000 species are parasitic.

Did you know?

Once thought to have neurofibromatosis, Joseph Merrick (also known as "the elephant man") is now, in retrospect, thought by clinical experts to have had Proteus syndrome. This endocrine disease causes continued and abnormal growth of the bones, muscles, skin, and so on and can become completely debilitating with severe deformities occurring anywhere on the body.

Did you know?

Autoimmune diseases occur when the immune system destroys its own healthy tissues. When this occurs, white blood cells cannot distinguish between pathogens and normal cells.

Did you know?

Stroke kills people from all ethnic backgrounds, but the people at highest risk for fatal strokes are: black men, black women, Asian men, white men, and white women.

For a complete list of videos, visit our video library