Which of the following is included in determining Gross Domestic Product?
A) The purchase of a new car
B) The purchase of a used car
C) A housewife preparing breakfast
D) A gardener canning vegetables for consumption during the winter

Question

Quizplus · Accepted Answer

The purchase of a new car is included in determining Gross Domestic Product because it is considered a final good, meaning it is purchased by a consumer for their own use.

Answer: D 
 The act of a gardener canning vegetables for their own consumption during the winter is not included in determining Gross Domestic Product because it is not a final good or service sold in the market.

Which of the Following Is Included in Determining Gross Domestic