Question

9. Which of the following would be counted in 2019's GDP? A) the value of a...

9. Which of the following would be counted in 2019's GDP?

A) the value of a stock you bought in 2019

B) the value of a TV that was produced in 2018 but not sold until 2019

C) the bonus check a real estate agent gets from his/her company in 2019

D) the value of a treasury note sold by the federal government

0 0
Add a comment Improve this question Transcribed image text
Answer #1

Ans) the correct option is C) the bonus check a real estate agent gets from his/her company in 2019

Add a comment
Know the answer?
Add Answer to:
9. Which of the following would be counted in 2019's GDP? A) the value of a...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • 1. Which of the following are counted in the US GDP for 2019? a. wheat grown...

    1. Which of the following are counted in the US GDP for 2019? a. wheat grown in the USA in 2019 that is exported b. the 2019 output of steel in America C. cars that were made in 2018 but not sold until 2019 d. the salary of a Chinese Professor who visited Miami in 2019 and taught here for 1 year. e. None of the above are correct answers 2. Which of the choices in #1 are counted in...

  • By how much would GDP rise in each of the following scenarios? Explain, with reference to...

    By how much would GDP rise in each of the following scenarios? Explain, with reference to the definition of GDP above. (c) The economy goes into recession. To counter this, the government decides to take a series of steps. First, it signs an infrastructure bill (investing in infrastructure like roads, bridges etc.) for $100 million. Next, it cuts tax rates by 5%, meaning a tax cut for industry amounting to $5 billion (think carefully about this one). Finally, it increases...

  • 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...

  • Problem set #1 1) If Joan receives a Social Security check, would we include that transfer...

    Problem set #1 1) If Joan receives a Social Security check, would we include that transfer payment from the government in this year’s GDP? Why or why not? No, because transfer payments are not considered a part of GDP 2) In the following situations, explain what is counted in this year’s GDP: A. You bought a new Wii at GameStop last year and resold it on eBay this year B. You spend your Saturday cutting grass at your house C....

  • The gross domestic product (GDP) of the United States is defined as the market value of...

    The gross domestic product (GDP) of the United States is defined as the market value of all final goods and services produced within the United States in a given period of time. Based on this definition, indicate which of the following transactions will be included in (that is, directly increase) the GDP of the United States in 2018. Scenario 2018 GDP Included Excluded Chocolate Express, a Swiss chocolate company, produces a chocolate bar at a plant in Illinois on December...

  • 1. 2. 3. 4. a. When referring to GDP, which of the following is included in...

    1. 2. 3. 4. a. When referring to GDP, which of the following is included in GDP? Money spent on services by households (haircuts, meals at restaurants, lawyer, etc.) New cars that are purchased this year, but produced last year. Social Security payments. Goods that were produced by U.S. citizens abroad. b. Which of the following transactions is not included in GDP? Sean purchases coffee produced in Guatemala. Thomas pays to have his taxes done by a national accounting company...

  • Hi please help with question 3, also check if my answers are correct. I'm not sure...

    Hi please help with question 3, also check if my answers are correct. I'm not sure about H, that might determine if my final answer is correct or not. Thanks in advance!!! : ) TOE year, taveatment. 5. The following provides completa de l comic activity in Lavaland for years each of the following transactions in one of the escription of all economic activity in Lavaland for year 2018. Place following transactions in one of the four components of expenditure:...

  • Can you please help me with these problems? 2. You bought a used Altima in 2017,...

    Can you please help me with these problems? 2. You bought a used Altima in 2017, and one year later you sell t. And this car was produced in is car is considered as year GDP. Did you create any GDP here? 3. Suppose 10 tires are made by Goodyear Tire & Rubber Company, then 6 of them are bought by costumers and the rest of them are sold to Ford to assemble cars. The market value of tires are...

  • Michael received the following amounts during the current tax year of 2020. For each item indicate...

    Michael received the following amounts during the current tax year of 2020. For each item indicate how much is included in his 2020 federal gross income. (14 points) a)  A cash inheritance of $11,000 from his grandmother’s estate. b)   $50,000 lump sum cash payment (in 2020) from an elderly neighbor’s life insurance policy. The women died during 2019. Michael was named as the beneficiary even though they were not related. c)   $2,000 from a PA lottery ticket. d)  $5,000 in child support...

  • Question 1 Real measurements are expressed in constant dollars. expressed in current dollars. expressed using today’s...

    Question 1 Real measurements are expressed in constant dollars. expressed in current dollars. expressed using today’s currency. Flag this Question Question 2 To measure a real increase in wages, the wages would have to be adjusted for inflation overtime. the changes would have to be averaged. the increase would have to be compared to the growth in GDP. Flag this Question Question 3 If inflation occurs in a given year, the change in the real measurement (GDP) would be equal...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT