Which of these services most likely would NOT be counted in GDP?
A) You hire a real estate agent to sell a house you have owned for 10 years.
B) You pay commission to the salesperson on the purchase of a used car.
C) You pay your neighbor's teenage son to cut your grass while you are away on vacation.
D) You hire a painting company to paint your 10-year old house.

Question

Quizplus · Accepted Answer

Paying your neighbor's teenage son to cut your grass is considered an intermediate good because it does not involve a final sale to a consumer. It is not counted in GDP because it is not a transaction in the marketplace between a producer and a consumer.

Which of These Services Most Likely Would NOT Be Counted