3) NX and therefore GDP will increase by $45. 4) C will increases by $45 and NX

Question

3) NX and therefore GDP will increase by $45. 4) C will increases by $45 and NX will decrease by $45, so GDP will not be impacted. 5) C will increase by $45 and NX willincrease by $45, so GDP will icrease by $90 Save Question 6 (1 point) Kate buys 2 cases of beads for her necklace making business. Each case costs $100 How will this impact GDP? 1) GDP will increase by $200 because l increases by $200. 2) GDP will increase by $200 because C increases by $200 3) GDP will not change. The beads are intermediate goods. 4) GDP will decrease by $200 because I decreases by $200. A: Th prie $35 Save Question 7 (1 point) a 2015 8,

Explanation / Answer

6. Ans: GDP will not change. The beads are intermediate goods

Explabation:

GDP is the money value of all final goods produced within the territory of a country. Intermediate goods are not included in GDP calculation. Because it will lead to an error of double counting. Thus, option [3] is the correct answer.

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