Author Question: Which of the following would be excluded from the gross domestic product (GDP)? a. The mayor of a ... (Read 57 times)

TVarnum · **on:** Jun 30, 2018

Which of the following would be excluded from the gross domestic product (GDP)?
a. The mayor of a city hiring more workers to improve the sanitation of the city
b. The sale of mobiles decreasing significantly
c. The government reducing welfare benefits
d. A homemaker spending 20 taking the family out to lunch instead of cooking food ,
e. A consumer having his pickup truck tuned up at the local garage

Question 2

Which of the following would be a human capital investment?
a. On-the-job training programs.
b. Health care programs.
c. Formal education.
d. All of these.