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5.1 Measuring the size of the economy: gross domestic product  (Page 11/29)

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  • Card 11 / 29:
    Which of the following are included in GDP, and which are not?

    The cost of hospital staysThe rise in life expectancy over timeChild care provided by a licensed day care centerChild care provided by a grandmotherThe sale of a used carThe sale of a new carThe greater variety of cheese available in supermarketsThe iron that goes into the steel that goes into a refrigerator bought by a consumer.

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Practice FlashCards 8 Key Terms 16

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Source:  OpenStax, Principles of macroeconomics for ap® courses. OpenStax CNX. Aug 24, 2015 Download for free at http://legacy.cnx.org/content/col11864/1.2
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