Which of the following would be included in 2011's GDP?
A) the resale of a house built in 2005
B) the sale of bonds
C) the sale of stocks
D) the real estate agent's commission on the resale of a house built in 2005

Question

Quizplus · Accepted Answer

Only the commission earned by the real estate agent on the resale of a house built in 2005 would be included in 2011's GDP. The resale of a house built in 2005 does not count as it is not a newly produced good or service. The sale of bonds and stocks are financial transactions and are not included in GDP.

Which of the Following Would Be Included in 2011's GDP