Ask Question
29 April, 07:49

Which of these household purchases will be counted as part of consumption in a country's gross domestic product? A) a newly constructed home B) a new car for personal use C) shares of a company's stock D) a government-issued savings bond

+1
Answers (2)
  1. 29 April, 07:57
    0
    A newly constructed home (A)

    Explanation:

    A country's gross domestic product is the market value of all finished goods and service produced domestically within a country in a specific period.

    A newly constructed home is a finished product that is been constructed in a country and its market value will add to the country's gross domestic product since is is domestically produced and it is also a finished product and not a used or intermediate product that is to be used to produce another product The household purchase of a new car for personal use might not contribute to the gross domestic product of the country because the car might not have been produced locally.
  2. 29 April, 11:46
    0
    D) a government-issued savings bond
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Which of these household purchases will be counted as part of consumption in a country's gross domestic product? A) a newly constructed ...” in 📙 History 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