ECONOMICS (CBSE/UGC NET)

ECONOMICS

GDP

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
You buy a hamburger from a local fast food store
A
counts in GDP as consumption
B
counts in GDP as investment
C
not counted in GDP b/c it’s a minor purchase
D
not counted in GDP since it’s considered an intermediate good
Explanation: 

Detailed explanation-1: -You buy a burger from a local fast food store (1 Point) 00 not counted in GDP since its considered an intermediate good counts in GOP as consumption not counted in GDP because it’s a minor purcha counts in GDP as investment 4.

There is 1 question to complete.