Multiple Questions Answers

Question 1
Which is NOT counted in GDP?
A. A Social Security check sent to a retiree 
B. Government spending on highway building 
C. Money spent on an airline ticket 
D. Money spent by a company to build a new office park 

Question 2
The smallest component of national income is:
A. rent. 
B. interest. 
C. profits. 
D. salaries and wages. 

Question 3
Our GDP includes all the output produced by Americans:
A. and foreigners within our borders. 
B. within our borders. 
C. within our borders and abroad. 
D. within our borders and by American-owned, multinational companies with offices and factories abroad. 

Question 4
Which of the following is the best example of an intermediate product?
A. A road 
B. Steel 
C. Bread 
D. A TV set