Question 11 ptsLawn mowers purchased by Cut-rite Mowers Company is classified as:Group of answer choices Intermediate Good. Final Good. No answer text provided. No answer text provided. Flag this Question Question 2 1 pts Flowers purchased by homeowner Lenny Davis: Group of answer choices Intermediate Good. Final Good. No answer text provided. Flag this Question Question 3 1 pts Chemicals purchased by Green Grass Lawn Care company is classified as: Group of answer choices Intermediate Good. Final Good. No answer text provided. No answer text provided. Flag this Question Question 4 1 pts A Stock broker makes a brokerage income of $1000 selling stock. Group of answer choices Included in GDP. Not included in GDP. No answer text provided. No answer text provided. Flag this Question Question 5 1 pts Contra Costa College purchases an old building for admiration work. Group of answer choices Included in GDP. Not included in GDP. No answer text provided. No answer text provided. Flag this Question Question 6 1 pts John pays $1500 to Auto Body Shop to repair his old car. Group of answer choices Included in GDP. Not included in GDP No answer text provided. No answer text provided. Flag this Question Question 7 1 pts Suppose a firm used $1200 worth of resources and firm’s total sales is equal to $2000. The value added by the company is: Group of answer choices $800 $2000 $1200 $600 Flag this Question Question 8 1 pts Suppose a hypothetical nation has following statistics. All figures are in billions. Net Private Domestic Investment $ 30 Net Exports $ 5 Personal Consumption expenditure $ 350 U.S. Exports $ 20 Gross Private Domestic Investment $ 60 Government Purchases $ 80 This nation’s GDP is equal to: Group of answer choices $495 $510 $505 $465 Flag this Question Question 9 1 pts Given the information in question 8: The net domestic product of this nation is equal to: Group of answer choices $465 $550 $500 $400 Flag this Question Question 10 1 pts Suppose a nation’s value exports is $50 billion, and value of imports is $70 billion. Net exports of this nation is equal to: Group of answer choices -$20 $20 -$120 $120
Question 11 ptsLawn mowers purchased by Cut-rite Mowers Company is classified as:Group of answer choices
Intermediate Good.
Final Good.
No answer text provided.
No answer text provided.
Flag this Question
Question 2
1 pts
Flowers purchased by homeowner Lenny Davis:
Group of answer choices
Intermediate Good.
Final Good.
No answer text provided.
Flag this Question
Question 3
1 pts
Chemicals purchased by Green Grass Lawn Care company is classified as:
Group of answer choices
Intermediate Good.
Final Good.
No answer text provided.
No answer text provided.
Flag this Question
Question 4
1 pts
A Stock broker makes a brokerage income of $1000 selling stock.
Group of answer choices
Included in GDP.
Not included in GDP.
No answer text provided.
No answer text provided.
Flag this Question
Question 5
1 pts
Contra Costa College purchases an old building for admiration work.
Group of answer choices
Included in GDP.
Not included in GDP.
No answer text provided.
No answer text provided.
Flag this Question
Question 6
1 pts
John pays $1500 to Auto Body Shop to repair his old car.
Group of answer choices
Included in GDP.
Not included in GDP
No answer text provided.
No answer text provided.
Flag this Question
Question 7
1 pts
Suppose a firm used $1200 worth of resources and firm’s total sales is equal to $2000. The value added by the company is:
Group of answer choices
$800
$2000
$1200
$600
Flag this Question
Question 8
1 pts
Suppose a hypothetical nation has following statistics. All figures are in billions.
Net Private Domestic Investment
$ 30
Net Exports
$ 5
Personal Consumption expenditure
$ 350
U.S. Exports
$ 20
Gross Private Domestic Investment
$ 60
Government Purchases
$ 80
This nation’s GDP is equal to:
Group of answer choices
$495
$510
$505
$465
Flag this Question
Question 9
1 pts
Given the information in question 8: The net domestic product of this nation is equal to:
Group of answer choices
$465
$550
$500
$400
Flag this Question
Question 10
1 pts
Suppose a nation’s value exports is $50 billion, and value of imports is $70 billion. Net exports of this nation is equal to:
Group of answer choices
-$20
$20
-$120
$120
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