When Economists Refer to Intangible Items,they Are Referring to Such

question 70

Multiple Choice

When economists refer to intangible items,they are referring to such things as

• A)illegal goods,and the value of such items is included in GDP.
• B)illegal goods,and the value of such items is excluded from GDP.
• C)hair styling and dental care,and the value of such items is included in GDP.
• D)hair styling and dental care,and the value of such items is excluded from GDP.

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Definitions:

Conference Participants

Individuals who attend a conference, which is a formal meeting for discussion, usually among experts in a given field.

Forego

To go without something or to refrain from something; often confused with "forgo," which has the same meaning.

Newspaper Articles

Written material that is published in newspapers, providing information on current events, features, and editorials.

Brooklyn Dodgers

A historic Major League Baseball team that was based in Brooklyn, New York, before moving to Los Angeles in 1958.