TEST BANK MACROECONOMICS GRADED A 2021

Video name: What is GDP? 1. GDP includes a. All final goods. b. All final services. c. Both final goods and final services. 2. Which of the following is counted in US GDP? a. Used car purchased by a student for his commute to school b. Used oven purchased by a baker for her cake shop c. Drill purchased by a construction company d. b & c only e. None of the above 3. Which of the following is counted in US GDP? a. A New video game made in China but purchased in the United States b. New g...