Purchase of electricity by a business is (refer to the scenario above): Select one: a. Not counted in GDP b. Counted as part of consumption c. Counted as part of investment d. Counted as part of government e. Counted as part of net exports
Purchase of electricity by a business is (refer to the scenario above): Select one: a. Not counted in GDP b. Counted as part of consumption c. Counted as part of investment d. Counted as part of government e. Counted as part of net exports
Chapter5: Gross Domestic Product
Section: Chapter Questions
Problem 9SQ
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V2
This question tests your knowledge of what activities are included in calculating GDP. Decide for each item whether it is part of GDP and, if so, to which expenditure category it belongs.
Purchase of electricity by a business is (refer to the scenario above):
Select one:
a. Not counted in GDP
b. Counted as part of consumption
c. Counted as part of investment
d. Counted as part of government
e. Counted as part of net exports
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