Purchase of electricity by a business is (refer to the scenario above):   Select one:   a. Not counted in GDP   b. Counted as part of consumption   c. Counted as part of investment   d. Counted as part of government   e. Counted as part of net exports

Survey Of Economics
10th Edition
ISBN:9781337111522
Author:Tucker, Irvin B.
Publisher:Tucker, Irvin B.
Chapter11: Gross Domestic Product
Section: Chapter Questions
Problem 2SQ
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This question tests your knowledge of what activities are included in calculating GDP. Decide for each item whether it is part of GDP and, if so, to which expenditure category it belongs.

 

Purchase of electricity by a business is (refer to the scenario above):

 

Select one:

 

a. Not counted in GDP

 

b. Counted as part of consumption

 

c. Counted as part of investment

 

d. Counted as part of government

 

e. Counted as part of net exports

 

 

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