Which of the following will result in an increase in measured GDP
A) Buying a second hand car
B) Spending a month making a computer out of spare parts you had of old computers
C) Spending all day tidying up your house so you will get a better price for it when potential buyers visit
D) Giving up cooking for yourself and going out to eat every evening
E) all of the above
Correct Answer:
Verified
Q20: Countries A and B have the same
Q21: The Canadian economy produces only about half
Q22: Most of the world's economic output is
Q23: Comparing countries' income per head using Purchasing
Q24: Purchasing Power Parity
A) is an income redistribution
Q26: The Human Development Index (HDI) compiled by
Q27: Suppose 1 million Germans work as consultants
Q28: In practice initial estimates of GDP
A) are
Q29: CO2 emissions are not included as a
Q30: In general an increase in income of,say,$1000
A)
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