the following items, which would NOT be included in GDP? E. tuiton fees for a course. Which would not be included in GDP? B. the replacement of a muffler on a 1978 chevy. Now customize the name of a clipboard to store your clips. Explain whether or not, why, and how the following items are included in the calculation of GDP: a. Of the following items, which would NOT be included in GDP? B. the dollar value of a lawyer's service. Shows 8 things that are not included in figuring GDP. If you wish to opt out, please close your SlideShare account.
See our User Agreement and Privacy Policy. How do public school teachers feel about the superior standardized test scores of private schools students? Which of the following is NOT included in the calculation of GDP ? Learn more.
Still have questions? Get one-on-one homework help from our expert tutors—available online 24/7. Which of the following would NOT be included in this year 's GDP ? Of the following items, which would not be included in GDP? 1. Imports spending c. Exports spending d. Government spending. Relevance. A ) $ 94 billion . Purely financial transactions [no current production] [broker’s fees do count] 4. the dollar value of a repair job done by your professor on his or her own car, the production of new cars that were not sold in the current year. A transfer payment is not part of GDP, imagine that you are giving 10 dollars to uncle Sam then he goes around and gives it to Sally. If you continue browsing the site, you agree to the use of cookies on this website. Even its chief architect, Simon Kuznets, … Public/Private transfer payments [no current production] 3. If u need a hand in making your writing assignments - visit ⇒ www.HelpWriting.net ⇐ for more detailed information. a. If you continue browsing the site, you agree to the use of cookies on this website. Live coverage of the 2020 presidential election, Delaware elects U.S.'s 1st transgender state senator, Mitch McConnell projected to win 7th term in Kentucky, Stern commends Swift for taking a political stance, Ex-NBA star Eddie Johnson dies at 65 in prison, Trump signals he won't try to declare victory prematurely, Expert: A Biden win could lead to mask mandate, testing, Clothing items that may get you turned away from the polls, Jerry Jones: DiNucci's 1st NFL start was 'a lot for him', 'Hamilton' star changes lyrics of song for voters, How Georgia’s blue drift changes politics nationwide. Slideshare uses cookies to improve functionality and performance, and to provide you with relevant advertising. a. a can of bug spray b. the services of an exterminator c. the honey produced and sold by a beekeeper d. All of the above are included in GDP. Specifically, they count in I. b. We’ve got course-specific notes, study guides, and practice tests along with expert tutors. Slideshare uses cookies to improve functionality and performance, and to provide you with relevant advertising. Find the best study resources around, tagged to your specific courses. 1. You can change your ad preferences anytime. 1 Answer. A. the dollar value of a repair job done by your professor on his or her own car. See our Privacy Policy and User Agreement for details. For instance, the White House and Congress use GDP numbers to prepare the federal budget, the federal reserve uses GDP to formulate monetary policy, and business interests look to GDP as an indicator of economic activity and performance.3 However, GDP is a measure of raw economic activity, not a complete picture of economic progress. Clipping is a handy way to collect important slides you want to go back to later. Looks like you’ve clipped this slide to already. Join Yahoo Answers and get 100 points today. A. the dollar value of a repair job done by your professor on his or her own car. Nothing really changed money just changed hands. What exactly makes the USA the economic powerhouse that it is? C. the commission charged by a real estate agent. GDP DOES NOT INCLUDE 1. GDP adds together many different kinds of products into a single measure of the value of economic activity by using prices determined by ____ 57. Scribd will begin operating the SlideShare business on December 1, 2020
B. the dollar value of a lawyer's service. www.HelpWriting.net is a really good site.
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Favorite Answer. Answer Save. d. A foreign owned farm is income generated domestically, so it can be considered part of GDP. thanks, If you are looking for customer-oriented academic and research paper writing service try ⇒⇒⇒ WRITE-MY-PAPER.net ⇐⇐⇐ liked them A LOTTT Really nice solutions for the last-day papers, 1 Weird Diet Trick Eliminates Vitiligo ➣➣➣ https://bit.ly/3avXuLL.
Which of the following is not included in GDP? Impact of Fort Knox gold if it were destroyed? Investment b. c. Food stamps are also transfer payments.
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