Which of the Following Items Are Not Counted in U

question 14

Multiple Choice

Which of the following items are not counted in U.S.GDP?

• A) your purchase of a new Ford Mustang
• B) your purchase of new tires for your old car
• C) GM's purchase of tires for new cars
• D) a foreign consumer's purchase of a new Ford Mustang

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Definitions:

AFL-CIO

The American Federation of Labor and Congress of Industrial Organizations, a national trade union center in the United States.

California Labor Relations Act

Legislation aimed at regulating the relationship between workers and employers in California, often focusing on collective bargaining rights.

Boycott

A collective and intentional act of abstaining from using, buying, or dealing with an organization as an expression of protest.

Confounding Variable

A variable that influences both the dependent and independent variables, causing a spurious association.