Which of the following is counted as part of GDP?
A) The government sends a social security check to a retiree.
B) Bob mows his lawn.
C) Helen takes a day off to clean her house.
D) A state government hires workers to repave the streets.

Question

Quizplus · Accepted Answer

Only option D is counted as part of GDP because it involves spending by the government on goods and services, in this case, repaving the streets. Option A involves a transfer payment and is not considered part of GDP. Options B and C do not involve any economic exchange and are not counted in GDP.

Which of the Following Is Counted as Part of GDP