Macro 2.1-GDP-What Counts Practice
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Last updated 12 months ago
8 questions
Which of these is Counted in GDP and Which of These is NOT COUNTED in GDP
Required
1
Which of these is Counted in GDP? (Check all that apply.) (Hint: There are 4 of them)
Which of these is Counted in GDP? (Check all that apply.) (Hint: There are 4 of them)
Required
1
Which of these is Counted in GDP and part of C? (Check all that apply.) (Hint: There are 4)
Which of these is Counted in GDP and part of C? (Check all that apply.) (Hint: There are 4)
Required
1
Which of these is Counted in GDP and part of I? (Check all that apply.) (Hint: There are 4)
Which of these is Counted in GDP and part of I? (Check all that apply.) (Hint: There are 4)
Required
1
Which of these is Counted in GDP and part of G? (Check all that apply.) (Hint: There is only 1)
Which of these is Counted in GDP and part of G? (Check all that apply.) (Hint: There is only 1)
Required
1
Which of these is Counted in GDP and part of NX? (Check all that apply.) (Hint: There is only 1)
Which of these is Counted in GDP and part of NX? (Check all that apply.) (Hint: There is only 1)
Required
0
We count only the final price of a good or service in GDP? Why?
We count only the final price of a good or service in GDP? Why?
Required
0
A purely financial transaction will not be counted in GDP? Why?
A purely financial transaction will not be counted in GDP? Why?
Required
0
When a home-owner does home-improvement work, the labor is not counted in GDP? Why?
When a home-owner does home-improvement work, the labor is not counted in GDP? Why?