Which of the following would not be included in the calculation of GDP?
a. Vegetables grown and consumed by a nonfarm family
b. The purchase of a new Porsche
c. The sale of meat at the local grocery store
d. The government purchase of an F-14 fighter plane
e. The payment made to an accountant for the preparation of tax forms
a
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Use the following graph to answer the next question. 
If the industry were served by a pure monopoly, the profit-maximizing price and quantity of output would be ________.
A. P1, Q1 B. P1, Q3 C. P3, Q1 D. P2, Q2
What are the reasons that are usually given to justify regulation?
What will be an ideal response?
What determines the revenue flows received by businesses?
A) an agency of the Federal government B) their ownership of factors of production, how much they sell in the factor markets, and the prices received when sold C) what they pay the factors of production they employ D) what they choose to produce, how much is sold, and the price received when sold E) financial institutions such as banks
Roughly what was the Democratic Republic of Congo's per capita GDP in 2011?
A) $110 B) $1,100 C) $11,000 D) $110,000