Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Which of these items would be counted as a positive contribution to the United States' GDP in 2020 (check all the ones that would be

image text in transcribed
image text in transcribed
Which of these items would be counted as a positive contribution to the United States' GDP in 2020 (check all the ones that would be counted)? Select one or more: a. A hair cut received in a salon in Memphis, Tennessee in 2020. b. A painting by Winslow Homer, a 19th- century American painter, which was purchased in 2017 from an art gallery by an avid art collector c. A toiler purchases from Kohler, an American company, by a developer to build a house in Madison, Wisconsin in 2020. d. Tanisha babysits her neighbor's kids in Atlanta in 2020 and receives $40 in cash for it e. Coffee beans purchases by Greg in 2020 to make an expresso coffee at his home

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Public Administration And Law

Authors: David H Rosenbloom, Rosemary O'Leary, Joshua M Chanin

3rd Edition

1439803986, 9781439803981

More Books

Students also viewed these Economics questions

Question

1. To take in the necessary information,

Answered: 1 week ago