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Which events has no effect on GDP

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Reference no: EM132643893

Question 1: Real GDP

A. is actual GDP as opposed to the estimate made by the BEA.

B. is also called current-dollar GDP.

C. is GDP adjusted for price changes.

D. is not calculated for the United States.

E. and are both correct.

Question 2: Which of the following events has no effect on GDP?

A. You buy a 1957 Chevy from a friend.

B. The Department of Transportation repaves a road.

C. Your friends make a music CD that doesn't sell any copies.

D. A college buys computers.

E. You buy a bottle of French wine.

Reference no: EM132643893

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