baseball gdp
Which of the following is considered part of consumption spending in the calculation of GDP for 2001?
A. The production of computer chips in December 2001 that will be used in making cell phones in 2002
B. The completion of a tax return on April 15, 2001 by a paid tax preparer
C. The purchase of a baseball that was signed by legendary player Babe Ruth in 1920.
D. The construction of a new house in Dallas, Texas in 2001
Im pretty sure its between B and D. im just not sure which one.
B is the correct answer.
This would be considered the purchase of a final good/service produced in 2001.
D would be considered investment spending; Construction is not a final purchase.
4th Quarter GDP worst; Israel goes Right-wing; Pregnant Teen Arsonist; Corrupt Judges; Animal Sex
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