Which of the following would not be included in the measurement of GDP?
A) a bill from a car mechanic
B) wages of a card dealer working in a Las Vegas casino
C) commissions of a stockbroker
D) the increased value of shares of stock
E) c and d
D
You might also like to view...
When federal government expenditures exceed tax receipts, the Treasury must
A) expand the money supply. B) raise taxes. C) reduce spending. D) sell bonds.
Other things being equal, an increase in the labor force resulting from increased immigration tends to: a. increase wages
b. decrease wages. c. decrease the demand for labor. d. increase the demand for labor.
A(n) _____ is an indirect tax imposed on each sale at each stage of production
a. personal tax b. value-added tax c. excise duty d. sales tax e. ad-valorem tax
The U.S. dollar exchange rate is determined by the:
a. World Bank. b. Federal Reserve. c. Forces of supply and demand. d. International Monetary Fund. e. U.S. government.