pay raise for the last three years then it means that I am d

pay raise for the last three years, then it means that I am doing better and have a better Do you agree with the statement: If I received a Explain why you agree or disagree with the statement. O True ? False qality of life. QUESTION 2 Which transaction(s), below, are included in the GDP calculations for 2016 O A Dave buys a used car O B Ed recoives Social Security payments from the federal govenment O C Barbara buys stocks from Microsoft Corporation O D Terry purchases a house in 2016 that ws buit in 2004 O E All of the above would be included in the GDP for 2016 O F None of the above would be included into the GDP calculations for 2016

Solution

a) \"False\"

Just an increase in the income doesn\'t ensure that the standard of living has increased. IF the inflation has increased more than the income the actual living standard will be worse than before.

b) \"None of the above will be included in the GDP of 2016\"

Used cars or social security or things made in 2004 all will be excluded from the GDP of the current year.