Which of the following is counted in GDP? Select one: a. Consumption b. Transfer payments c....
Which of the following is counted in GDP? Select one: a. Consumption b. Transfer payments c. Used goods d. Intermediate goods
Homework Answers
ANSWER:
The correct answer is option a that is consumption as in gdp consumption , investment , government spending and net exports are included.
Add Answer to:
Which of the following is counted in GDP? Select one: a.
Consumption b. Transfer payments c....
With respect to GDP, how are transfer payments treated? Select one: :.00 O They are included...
With respect to GDP, how are transfer payments treated? Select one: :.00 O They are included in GDP because they represent income to individuals They are not included in GDP because taxes will have to be raised to pay for them O They are not included in GDP because they are not payments for currently produced goods or s ion They are included in GDP because the income will be spent for consumption. ous page ce Desk Support: 613-520-3700 or...
What is consumption in this economy? GDP Government Purchases Transfer Payments Exports Imports Net foreign factor...
What is consumption in this economy? GDP Government Purchases Transfer Payments Exports Imports Net foreign factor income In trillions of dollars 5.0 1.0 0.2 0.4 0.5 0.4 00 Select one: O a. 3.9 trillion O b. Not enough information to compute consumption O c. 3.6 trillion O d. 4.1 trillion
GDP would be a better measure of economic well-being if it included: Select one: a. the...
GDP would be a better measure of economic well-being if it included: Select one: a. the costs of education. b. the total value of intermediate goods. c. the market value of final goods. d. the value of leisure. The government purchases component of GDP includes: Select one: a. purchases of final goods and services. b. interest payments on government debt. c. transfer payments. d. payments made to social security recipients.
Which of the following expenditures would be counted as consumption in GDP accounts? a. Mark...
Which of the following expenditures would be counted as consumption in GDP accounts? a. Mark buys a new computer for his medical economic consulting business. b. Leslie, an EPA scientist, buys a new computer for her lab at work. c. Juan leases a new computer for his graphic design company. d. Mary buys a new home computer to check her e-mail and play computer games.
1. Which of the following components of GDP includes your tuition payments? A) investment B) consumption...
1. Which of the following components of GDP includes your tuition payments? A) investment B) consumption of nondurable goods C) consumption of services D) consumption of durable goods 2. T/F In the economy, income earned when producing new final goods and services must equal expenditure on the new final goods and services 3) T/F When you go to your local mall and buy new clothing that was produced in a foreign country, this has no impact on our GDP? 4)...
1. Government transfer payments are: Multiple Choice a. included in GDP under the personal consumption of...
1. Government transfer payments are: Multiple Choice a. included in GDP under the personal consumption of the recipient. b. not included in GDP since the recipient will use the funds to purchase final goods and services. c. included in GDP to account for the tax revenue that is generated to pay for them. d. included in GDP under government spending. 2. The purchase of a new television produced in Japan will be included in GDP as: Multiple Choice a. an...
QUESTION 6 Intermediate goods are counted in GNP but not in GDP. are counted in GDP,...
QUESTION 6 Intermediate goods are counted in GNP but not in GDP. are counted in GDP, capital goods are not are not counted in GDP because they are not newly produced. are not counted in GDP because they are completely used up in the production of other goods. QUESTION 7 Holding other things constant, an increase in real interest rate shifts the current labor supply curve to the current output the right; raises left: raises left; lowers right; lowers
=201360718 41.00 estion Which of the following statements is TRUE? Select one: a. Government purchases is...
=201360718 41.00 estion Which of the following statements is TRUE? Select one: a. Government purchases is the largest component of GDP b. Net exports equals exports minus imports c. Foreign firms production located in the US is not included in US GOP because those firms are not owned by the US citizens d. Government purchases includes transfer payments on 48 s out of 100 Which of the following statements is TRUE? Select one: a Consumption is the largest component of...
Which of the following is excluded from calculations of GDP? . Select one: O a. Goods...
Which of the following is excluded from calculations of GDP? . Select one: O a. Goods that bring little value to society. O b. Income received by managers of corporations. O c. Used items such as cars, and purchases on E-Bay. O d. Items that are exported for sale overseas. Question 29 Not yet answered Points out of 1.00 P Flag question Which of the following is government spending on goods and services? Select one: O a. Medicare benefits. O...
The government purchases component of GDP includes: Select one: a. purchases of final goods and services....
The government purchases component of GDP includes: Select one: a. purchases of final goods and services. b. interest payments on government debt. c. transfer payments. d. payments made to social security recipients.
With respect to GDP, how are transfer payments treated? Select one: :.00 O They are included in GDP because they represent income to individuals They are not included in GDP because taxes will have to be raised to pay for them O They are not included in GDP because they are not payments for currently produced goods or s ion They are included in GDP because the income will be spent for consumption. ous page ce Desk Support: 613-520-3700 or...
What is consumption in this economy? GDP Government Purchases Transfer Payments Exports Imports Net foreign factor income In trillions of dollars 5.0 1.0 0.2 0.4 0.5 0.4 00 Select one: O a. 3.9 trillion O b. Not enough information to compute consumption O c. 3.6 trillion O d. 4.1 trillion
QUESTION 6 Intermediate goods are counted in GNP but not in GDP. are counted in GDP, capital goods are not are not counted in GDP because they are not newly produced. are not counted in GDP because they are completely used up in the production of other goods. QUESTION 7 Holding other things constant, an increase in real interest rate shifts the current labor supply curve to the current output the right; raises left: raises left; lowers right; lowers
=201360718 41.00 estion Which of the following statements is TRUE? Select one: a. Government purchases is the largest component of GDP b. Net exports equals exports minus imports c. Foreign firms production located in the US is not included in US GOP because those firms are not owned by the US citizens d. Government purchases includes transfer payments on 48 s out of 100 Which of the following statements is TRUE? Select one: a Consumption is the largest component of...
Which of the following is excluded from calculations of GDP? . Select one: O a. Goods that bring little value to society. O b. Income received by managers of corporations. O c. Used items such as cars, and purchases on E-Bay. O d. Items that are exported for sale overseas. Question 29 Not yet answered Points out of 1.00 P Flag question Which of the following is government spending on goods and services? Select one: O a. Medicare benefits. O...
Most questions answered within 3 hours.
-
Where is the error in this code sequence?
String s1 = "Hello";
String s2 = "ello";...
asked 11 months ago -
Financial data for Joel de Paris, Inc., for last year
follow:
Joel de Paris, Inc.
Balance...
asked 11 months ago -
Consider this reaction:
Al2(SO4)3 (aq)+ BaCl3
(aq) Al2Cl6 (aq)- +
3BaSO4(s) . What is the...
asked 11 months ago -
Suppose that Savneet is considering increasing her
recent random sample from 20 car rentals to 40...
asked 11 months ago -
Trucks arrive at an unloading terminal at an average rate of 120
per hour.
Trucks arrive...
asked 11 months ago -
Why are methanol and ethanol completely soluble in water while
octanol is not very little soluble....
asked 11 months ago -
A facilities manager at a university reads in a research report
that the mean amount of...
asked 11 months ago -
When the CuSO4 is rehydrated by adding water to the anhydrous
compound, is this an endothermic...
asked 11 months ago -
A ray of sunlight is passing from diamond into crown glass; the
angle of incidence is...
asked 11 months ago -
A block of mass 0.249 kg is placed on top of a light, vertical
spring of...
asked 11 months ago -
how do the kidneys compensate in the presences of acidosis
a) trigger hyperventilate
b) reserve acid...
asked 11 months ago -
Question 501 pts
The rental rate of capital to the firm increases. Which of the
following...
asked 11 months ago