Which of the following is not part of Gross Domestic Product?

A) aggregate demand B)trade balance

C)government expenditure

D) Investment

Why does the GDP not include indeterminate goods? A) to avoid double counting

B) to include imports only

C) GDP adds intermediate goods in calculation

D) to include exports only

Which of the following is the biggest component of GDP? A) Consumption

B)investment

C)net exports

D) government spending

Which of following is included in gdp?

A) Lemons that are purchased by the firm that produces lemonade.

B)lemonade sold by elementary school children in the neighborhood.

C) lemonade sold in the market

D)homemade lemonade that is sold in a birthday party

Which of the following is true about components of GDP in the United States?

A) government spending has been the same

B)net exports has been postive for the last 50 years

C)consumption has been increasing just slightly during the 50 years

D) Investment has been the least volatile among all GDP components

If the country exports 10 billion worth of goods and services and imports 13 billion worth of goods and services in 2018, then we can conclude that this county is experiencing a ?

A) net exports of 3 billion

B)net exports of -3 billion

C)Trade surplus of 3 billion

D)Trade deficit of 13 billion

Which of the following is counted as a part of the US GDP in 2019? A) All cars were sold in the US in 2019

B) A business purchases five new sewing machines to increase production C)Apple gives away left over IPhone 8's to its employees

D) An American manufacturer produces chairs for its plant in Mexico in 2019