GDP includes the:
A) current market value of government purchases of goods and services.
B) sales of stocks and bonds at current market prices.
C) current market value of used cars.
D) current market value of all existing homes,regardless of when they were built.

Question

Quizplus · Accepted Answer

GDP includes the current market value of government purchases of goods and services, which contribute to the overall economic activity of a country.

B)Sales of stocks and bonds at current market prices are not included in GDP, as they do not represent the production of goods and services.

C)The current market value of used cars is not included in GDP, as they are considered secondhand goods and do not represent new production.

D)The current market value of all existing homes, regardless of when they were built, is not included in GDP, as it represents the value of assets rather than the production of goods and services.

GDP Includes The