Which of the following is not included in personal consumption expenditures? A. new furniture and appliances...
Which of the following is not included in personal consumption expenditures?
A. new furniture and appliances bought by homeowners
B. payments for cable and Internet services to homes
C. purchases of mutual funds by consumers
D. food purchased at supermarkets
Homework Answers
The following is not included in personal consumption expenditures:-
- purchases of mutual funds by consumers
option(C)
Add Answer to:
Which of the following is not included in personal consumption
expenditures?
A. new furniture and appliances...
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...
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7. Measuring GDP The following table shows data on personal consumption expenditures, gross private domestic investment,...
7. Measuring GDP The following table shows data on personal consumption expenditures, gross private domestic investment, exports, imports, and government purchases of goods and services for the United States in 2009, as published by the Bureau of Economic Analysis. All figures are in billions of dollars. Fill in the missing cells in the table to calculate GDP by adding together the final demands of consumers, business firms, the government, and foreigners-a method of calculating GDP known as the expenditure approach....
19. Which of the following is included in government expenditures when measuring GDP? A) Social Security...
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QUESTION 24 Which component is the smallest part of U.S. GDP? A. personal consumption expenditures. B....
QUESTION 24 Which component is the smallest part of U.S. GDP? A. personal consumption expenditures. B. gross private domestic investment. C. government purchases of goods and services. D.net exports. QUESTION 25 If the GDP is 17,500 in 2014, investment is $3,000, government purchases total $3,000, Exports are $2300 and Imports are 2,800, then Consumption should equal: A. $11,600 B. $12,000 C. $15,000 D.$14,000 QUESTION 26 If the producers of cotton shirts face higher cotton prices, which of the following is...
Which of the following would be included in the expenditures approach to calculating U.S. GDP? A....
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ECON 250 30. Which of the following is NOT included in U.S. GDP? the estimated rental...
ECON 250 30. Which of the following is NOT included in U.S. GDP? the estimated rental value of owner-occupied housing in the U.S.A. b.US. home grown garden for family consumption c. production of foreign citizens living in the United States d services such as those provided by American lawyers and America hair stylists working in the USA 31. One bag of flour is sold for $2.50 to a bakery, which uses the flour to bake bread. Five loafs of bread...
Question 19 5 pts Which of the following is included in GDP as "Consumption" spending? new...
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3. Calculating GDP from raw economic data The following table shows data on personal consumption expenditures,...
3. Calculating GDP from raw economic data The following table shows data on personal consumption expenditures, gross private domestic investment, exports, imports, and government consumption expenditures and gross investment for the United States in 2010, as published by the Bureau of Economic Analysis. All figures are in billions of dollars. Fill in the missing cells in the following table to calculate GDP. Components Personal Consumption Expenditures (CC) $10,417.1 Gross Private Domestic Investment (II) $1,818 Exports (XX) $1,935.3 Imports (MM) $2,435.5...
Prices for which of the following are included in the GDP deflator, but not included in...
Prices for which of the following are included in the GDP deflator, but not included in the Consumer Price Index? Group of answer choices consumption of services consumption of goods intermediate goods and services firms' purchases of new equipment
7. Measuring GDP The following table shows data on personal consumption expenditures, gross private domestic investment, exports, imports, and government purchases of goods and services for the United States in 2009, as published by the Bureau of Economic Analysis. All figures are in billions of dollars. Fill in the missing cells in the table to calculate GDP by adding together the final demands of consumers, business firms, the government, and foreigners-a method of calculating GDP known as the expenditure approach....
19. Which of the following is included in government expenditures when measuring GDP? A) Social Security payments B) unemployment compensation payments C) pension payment made to past presidents D) the current president's salary 20. Transfer payments A) are included in the government expenditure category in gross domestic product. B) refer to all payments made to households by governments. C) refer to payments made by the government that are not made to purchase a good or service. D) are made by...
QUESTION 24 Which component is the smallest part of U.S. GDP? A. personal consumption expenditures. B. gross private domestic investment. C. government purchases of goods and services. D.net exports. QUESTION 25 If the GDP is 17,500 in 2014, investment is $3,000, government purchases total $3,000, Exports are $2300 and Imports are 2,800, then Consumption should equal: A. $11,600 B. $12,000 C. $15,000 D.$14,000 QUESTION 26 If the producers of cotton shirts face higher cotton prices, which of the following is...
ECON 250 30. Which of the following is NOT included in U.S. GDP? the estimated rental value of owner-occupied housing in the U.S.A. b.US. home grown garden for family consumption c. production of foreign citizens living in the United States d services such as those provided by American lawyers and America hair stylists working in the USA 31. One bag of flour is sold for $2.50 to a bakery, which uses the flour to bake bread. Five loafs of bread...
Question 19 5 pts Which of the following is included in GDP as "Consumption" spending? new home construction ofood purchased at local restaurants and cafeterias oproduction of goods and services abroad excavation and paving work to build new public roads and bridges
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