Which of the following would not be included in the measurement of GDP?
A) a bill from a car mechanic
B) wages of a card dealer working in a Las Vegas casino
C) commissions of a stockbroker
D) the increased value of shares of stock
E) c and d
Correct Answer:
Verified
Q34: Gross Domestic Product (GDP)is the total market
Q35: Macroeconomists define consumption as
A) purchases by the
Q36: Using the expenditures approach,GDP is equal to
Q37: Which of the following illustrates double counting?
A)
Q38: Which of the following is a nonmarket
Q40: Gross Domestic Product is computed by using
A)
Q41: To derive net domestic product (NDP)from gross
Q42: An example of income earned but not
Q43: In the United States,the largest expenditure component
Q44: The expenditure approach to measuring GDP sums
A)
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