# Inclusions of the GDP discussion

## Q26

1 Point

Which of the following is included in GDP?

Don't use plagiarized sources. Get Your Custom Essay on
Inclusions of the GDP discussion
Just from \$9/Page

medical marijuana purchased from a government-run pharmacy by a glaucoma patient

recreational marijuana purchased from a drug dealer by a college student

recreational marijuana produced and consumed by a man in his attic

All of the above are included in GDP.

## Q27

1 Point

A steel company sells some steel to a bicycle company for \$150. The bicycle company uses the steel to produce a bicycle, which it sells for \$250. Taken together, these two transactions contribute

\$150 to GDP.

\$250 to GDP.

between \$250 and \$400 to GDP, depending on the profit earned by the bicycle company when it sold the bicycle.

\$400 to GDP.

## Q28

1 Point

Which of the following items is the one type of household expenditure that is categorized as investment rather than consumption?

spending on education

the purchase of stocks and bonds

the purchase of a new house

the purchase of durable goods such as stoves and washing machines

## Q29

1 Point

A Minnesota farmer buys a new tractor made in Iowa by a German company. As a result,

U.S. investment and GDP increase, but German GDP is unaffected.

U.S. investment and German GDP increase, but U.S. GDP is unaffected.

U.S. investment, U.S. GDP, and German GDP are unaffected, because tractors are intermediate goods.

U.S. investment, U.S. GDP, and German GDP all increase.

## Q30

1 Point

If nominal GDP is \$10 trillion and real GDP is \$8 trillion, then the GDP deflator is

80, and this indicates that the price level has decreased by 20 percent since the base year.

80, and this indicates that the price level has increased by 80 percent since the base year.

125, and this indicates that the price level has increased by 25 percent since the base year.

125, and this indicates that the price level has increased by 125 percent since the base year.

Basic features
• Free title page and bibliography
• Unlimited revisions
• Plagiarism-free guarantee
• Money-back guarantee
On-demand options
• Writer’s samples
• Part-by-part delivery
• Overnight delivery
• Copies of used sources
Paper format
• 275 words per page
• 12 pt Arial/Times New Roman
• Double line spacing
• Any citation style (APA, MLA, Chicago/Turabian, Harvard)

# Our guarantees

We value our customers and so we ensure that what we do is 100% original..
With us you are guaranteed of quality work done by our qualified experts.Your information and everything that you do with us is kept completely confidential.

### Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

### Zero-plagiarism guarantee

The Product ordered is guaranteed to be original. Orders are checked by the most advanced anti-plagiarism software in the market to assure that the Product is 100% original. The Company has a zero tolerance policy for plagiarism.

### Free-revision policy

The Free Revision policy is a courtesy service that the Company provides to help ensure Customer’s total satisfaction with the completed Order. To receive free revision the Company requires that the Customer provide the request within fourteen (14) days from the first completion date and within a period of thirty (30) days for dissertations.

The Company is committed to protect the privacy of the Customer and it will never resell or share any of Customer’s personal information, including credit card data, with any third party. All the online transactions are processed through the secure and reliable online payment systems.

### Fair-cooperation guarantee

By placing an order with us, you agree to the service we provide. We will endear to do all that it takes to deliver a comprehensive paper as per your requirements. We also count on your cooperation to ensure that we deliver on this mandate.

## Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
\$26
The price is based on these factors: