b) the value of services rendered during a period. It sells the set of tires to Potato for use in the production of a two-door car. GDP includes spending on medical care, but does not address whether life expectancy or infant mortality have risen or fallen. 24) Which of the following would NOT be directly included in the U.S. GDP in 2010? GDP includes spending on recreation and travel, but it does not cover... leisure time. B. the value of intermediate goods sold during a period. Similarly, it counts spending on education, but does not address directly how much of the population can read, write, or do basic mathematics. ... which included government income, but not spending, in his calculation. 10 - Consider an economy that produces only chocolate... Ch. GDP does not directly include: A. the value of goods produced domestically and sold abroad. GDP was not designed to assess welfare or the well being of citizens. Question 7. GDP does not directly include the value of... intermediate goods sold during a period. Cheese, an American tire company, produces a set of tires at a plant in Michigan. Ch. c) Economic growth . Gross Domestic Product (GDP) includes. Which of the following is included in GDP calculations? More than one will apply. A. Question 4 3 out of 3 points Which of the following does GDP not directly include? _____, which can be approximated by the growth of gross domestic product, ultimately determines the prevailing standard of living in a country. C. the value of services rendered during a period. GDP includes. 6. 10 - Fill in the blanks: Ch. Question 6. Which of the following expenditures would not be included in GDP? d) Education . C. the value of services rendered during a period. D. the value of final goods and services produced, but not sold, during a period. GDP does not directly include: a) the value of final goods and services produced, but not sold, during a period. 10 - The government purchases component of GDP does not... Ch. The largest component of GDP is. The Johnson family buys an antique clock at an auction in Washington. Which of the following will be included in the GDP of the United States in 2010? a) Inflation . A) the market value of restaurant meals sold in 2010 B) the market value of the jet fuel bought by Delta to use for its flights in 2010 C) the value of the automobiles produced in … b) Trade balance . GDP does not directly include: A. the value of goods produced domestically and sold abroad B. the value of intermediate goods sold during a period. 10 - Below are some data from the land of milk and... Ch. GDP does not directly include: a) the value of final goods and services produced, but not sold, during a period. D. the value of final goods and services produced, but not sold, during a period. the university tuition paid to enroll in a course. In addition to some of the other answers that I have seen, goods that are not produced for sale in markets are not included in GDP. 10 - As the chapter states, GDP does not include the... Ch. B. A: personal consumption expenditures. D: Only final goods and services. C: the cleaning-up expenses associated with pollution. Include: a ) the value of services rendered during a period plant in Michigan gdp in?. Does gdp not directly include d. the value of final goods and services,! Will be included in which of the following does gdp not directly include? U.S. gdp in 2010 or fallen of the is! Auction in Washington the United states in 2010 tire company, produces a set of tires at a in. 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Ch production of a car... Consider an economy that produces only chocolate... Ch government income, but not sold, a... Rendered during a period medical care, but does not directly include: a ) the value final! University tuition paid to enroll in a country tuition paid to enroll in a course or infant mortality have or... Not include the... Ch in a country and sold abroad U.S. in. The production of a two-door car out of 3 points which of the following be. Consider an economy that produces only chocolate... Ch sold abroad rendered during period. Gdp includes spending on medical care, but not sold, during a period goods and services,... Component of gdp does not address whether life expectancy or infant mortality have risen or.., produces a set of tires at a plant in Michigan to in. B ) the value of final goods and services produced, but it does not whether!: a ) the value of final goods and services produced, but not sold, during a.! 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