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2. Which of the following helps economists avoid double counting in computing of GDP? a. Including goods and services produced only within a given area.
2. Which of the following helps economists avoid double counting in computing of GDP? a. Including goods and services produced only within a given area. b. Only include transfer payments made by the government and not individuals. c. Only include capital purchases by corporations and not by family-owned firms. d. Avoiding the use of intermediate goods in calculating GDP Which of the following are not included in the consumption component of gross domestic product? a. Purchases of stocks and bonds. b. Consumer durable goods c. Nondurable consumption goods d. Consumer services
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