Which of the Following Purchases Would Be Counted as a Final

question 1

Multiple Choice

Which of the following purchases would be counted as a final good in the GDP calculation?

• A) A family's purchase of a used car.
• B) A speculator's purchase of 100 shares of Apple Computer stock.
• C) A deli's purchase of bread for making its sandwiches.
• D) A business's purchase of new office equipment.

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Definitions:

1933 Act

Also known as the Securities Act of 1933, it is a U.S. law enacted as part of the New Deal, requiring securities sold to the public through a formal offer to be registered and to disclose relevant financial information.

Registration

The process of recording information officially, often pertaining to a company, security, or property, to ensure legal recognition.

1933 Act

Also known as the Securities Act of 1933, it is a federal law enacted to ensure more transparency in financial statements and prevent fraud in the securities market.

Disclosure

The action of making new or secret information known, often required in legal and financial transactions to ensure transparency.