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Which of the following does not appear in GDP as a part of
government spending?

A. Clipboards at the Department of Motor Vehicles

B. Maintenance of government buildings

C. Social Security payments

D. City fireworks displays on the Fourth of July

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Question 2 of 20

1.0 Points

Intermediate goods and services are:

A. used only as inputs to produce something else and are not
counted in GDP.

B. goods that consumers buy in parts—like a new tire for their
car—and are included in GDP.

C. used only as inputs to produce something else and are counted
in GDP.

D. goods that consumers buy in parts—like a new tire for their
car—and are not included in GDP.

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Question 3 of 20

1.0 Points

If the nominal GDP were to increase, but the real GDP were to
increase by less from one year to the next, we could conclude:

A. prices went up, but output stayed the same.

B. prices stayed the same, but output went up.

C. both prices and output went up.

D. both prices and output stayed the same.