Which of the following would NOT be counted in 2013's GDP?
A) the value of a 2008 boat you purchase from a boat dealer in 2013
B) the 2013 salary of a used motorcycle salesperson
C) the commissions earned by a real estate agent in selling condominiums built prior to 2013
D) the value of a refrigerator manufactured in 2013 but not sold in 2013
Correct Answer:
Verified
Q4: Gross domestic product measures
A) the total spending
Q5: The GDP includes
A) the value of all
Q6: Which of the following is a good
Q13: Gross national product is the total market
Q15: Which of the following is included in
Q16: The GDP of the U.S.in 2012 was
Q18: If no foreign companies produce in a
Q19: Double counting can be avoided by
A) including
Q20: Which of the following is an example
Q31: Total income in the economy can sometimes
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