Which of the following would be counted in the calculation of GDP?
A. the sale of a rare coin to a coin collector
B. homes that are rebuilt after being completely destroyed by a hurricane
C. the sale of a 1966 Ford Fairmont.
D. the sale of cocaine in the black market.
查看答案
The largest component of GDP is
A. net exports.
B. consumption.
C. government purchases.
D. investment.
Which two of the following are considered measures of income for an economy?
A. gross national product and net national product
B. net national profits and personal income
C. gross national product and net national investment
D. disposable personal income and personal profits
Transfer payments are
A. paychecks which are automatically deposited in bank accounts.
B. on-line bill payment services offered by many large banks.
C. moving expenses when a worker is transferred by an employer to a new location.
D. government spending that does not reflect payment for currently produced goods or services.
The CPI is a measure of the overall cost of
A. producer inputs.
B. personal imports.
C. goods and services bought by a typical consumer.
D. goods and services produced in the economy.
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