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Author Question: Which of the following would notbe counted in 2016's GDP? (Read 62 times)

Engineer

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on: Apr 19, 2019

Question 1

Double counting can be avoided by


◦ including the value of intermediate goods in the current year.
◦ not counting the value of intermediate goods in GDP.
◦ including the value of intermediate goods in the GNP but not in the GDP.
◦ including the value of intermediate goods in the production year but not in the selling year of those goods.

Question 2

Which of the following would 
not be counted in 2016's GDP?


◦ the value of a 2008 boat you purchase from a boat dealer in 2016
◦ the 2016 salary of a used motorcycle salesperson
◦ the commissions earned by a real estate agent in selling condominiums built prior to 2016
◦ the value of a refrigerator manufactured in 2016 but not sold in 2016
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by Engineer on Apr 19, 2019

juiceman1987

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Reply #1 on: Apr 19, 2019
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.
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Engineer

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Reply #2 on: Apr 19, 2019
Thank you!


juiceman1987

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Reply #3 on: Apr 19, 2019
Always glad to help...


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