Ask Question
BusinessBusiness
Today, 00:00

Which of the following is likely to increase a country's gross domestic product (GDP) ?

a. An individual buying a two-year-old automobile at a local garage sale

b. An increase in Social Security expenses

c. An increase in retirement and pension benefits to elderly citizens

d. An individual receiving an annual performance bonus of $5,000

+3
Answers (1)
  1. Today, 02:38
    0
    d. An individual receiving an annual performance bonus of $5,000

    Explanation:

    Gross domestic products means value of all the product or services produced and rendered within a country during a specific period of time. The two year old automobile has already been included in prior years GDP, So it will not be included. Social Security and pension plan do not covers the definition of GDP, so these will not be the part of GDP. Annual performance bonus is the earning of an individual which will become the cost for a product in a fixed cost portion.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Which of the following is likely to increase a country's gross domestic product (GDP) ? a. An individual buying a two-year-old automobile ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
Sunland Co. at the end of 2017, its first year of operations, prepared a reconciliation between pretax financial income and taxable income as follows: Pretax financial income $1410000 Estimated litigation expense 3050000 Installment sales (1880000)
Answers (1)
How is knowing one's own credit score important in avoiding predatory scams
Answers (1)
Prepare Hertog Company's journal entries to reflect the following transactions for the current year. May 7 Purchases 200 shares of Kraft stock as a short-term investment in trading securities at a cost of $50 per share plus $300 in broker fees.
Answers (1)
Consumer groups have generally opposed the idea of product liability reform using which of the following arguments? Punitive damages should be limited. Strict liability should be retained. The burden of proof should be shifted to consumers.
Answers (1)
Which aspect of a manual transmission is most often considered a disadvantage? Fuel economy maintenance requirements, driver effort, driver control.
Answers (1)
New Questions in Business
When planning menu name and define 3 processes we establish after choosing menu items
Answers (1)
A progressive tax structure is one in which: A. tax rates are directly proportional to inflation rates. B. the larger the amount of taxable income, the higher the rate at which it is taxed. C. tax rates are inversely related to inflation rates. D.
Answers (1)
Which of the following is likely to increase a country's gross domestic product (GDP) ? a. An individual buying a two-year-old automobile at a local garage sale b. An increase in Social Security expenses c.
Answers (1)
Since the passage of the International Banking Act of 1978, the competitive advantage enjoyed by foreign banks in the U. S. has been Question 2 options: A) reduced. B) mildly expanded. C) completely eliminated. D) greatly expanded.
Answers (1)
Q = 17-2P+3P/S where P is the price of the product and Upper P Subscript Upper S is the price of a substitute good. The price of the substitute good is $2.40. Suppose P= $0.60. The price elasticity of demand is
Answers (1)
Home » Business » Which of the following is likely to increase a country's gross domestic product (GDP) ? a. An individual buying a two-year-old automobile at a local garage sale b. An increase in Social Security expenses c.
Sign Up Forgot Password?