Purchase of electricity by a family is: a. not counted in GDP b. counted as part of net exports c. counted as part of government purchases d. counted as part of private investment e. counted as part of consumption
Purchase of electricity by a family is: a. not counted in GDP b. counted as part of net exports c. counted as part of government purchases d. counted as part of private investment e. counted as part of consumption
Economics Today and Tomorrow, Student Edition
1st Edition
ISBN:9780078747663
Author:McGraw-Hill
Publisher:McGraw-Hill
Chapter13: Measuring The Economy's Performance
Section: Chapter Questions
Problem 10AA
Related questions
Question
Purchase of electricity by a family is:
a. |
not counted in GDP |
|
b. |
counted as part of net exports |
|
c. |
counted as part of government purchases |
|
d. |
counted as part of private investment |
|
e. |
counted as part of consumption |
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, economics and related others by exploring similar questions and additional content below.Recommended textbooks for you
Economics Today and Tomorrow, Student Edition
Economics
ISBN:
9780078747663
Author:
McGraw-Hill
Publisher:
Glencoe/McGraw-Hill School Pub Co
Economics Today and Tomorrow, Student Edition
Economics
ISBN:
9780078747663
Author:
McGraw-Hill
Publisher:
Glencoe/McGraw-Hill School Pub Co