Which of the following transactions would not be included in the calculation of GDP on the expenditure side? O A. The purchase of a plumber's services by a household. OB. The purchase of an airplane by Air Canada. OC. The purchase of ground beef by McDonald's. O D. The purchase of a new boat by a household.
Which of the following transactions would not be included in the calculation of GDP on the expenditure side? O A. The purchase of a plumber's services by a household. OB. The purchase of an airplane by Air Canada. OC. The purchase of ground beef by McDonald's. O D. The purchase of a new boat by a household.
Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter19: The Macroeconomic Perspective
Section: Chapter Questions
Problem 2SCQ: Which of the following are included in GDP, and which are not? The cost of hospital stays The rise...
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![Which of the following transactions would not be included in the calculation of GDP on the expenditure side?
O A. The purchase of a plumber's services by a household.
OB. The purchase of an airplane by Air Canada.
O C. The purchase of ground beef by McDonald's.
D. The purchase of a new boat by a household.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fa0789587-6eac-4e80-8062-84badcf49159%2Ffa889801-a4e9-439e-9868-a07ab323883f%2Fy38dn56_processed.png&w=3840&q=75)
Transcribed Image Text:Which of the following transactions would not be included in the calculation of GDP on the expenditure side?
O A. The purchase of a plumber's services by a household.
OB. The purchase of an airplane by Air Canada.
O C. The purchase of ground beef by McDonald's.
D. The purchase of a new boat by a household.
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