Which of the following would not be included in GDP as a form of consumption spending?
A)Ann takes Tim out to a restaurant for dinner.
B)Ann and Tim buy a microwave oven.
C)Ann and Tim buy vegetables to prepare soup at home.
D)Ann prepares Tim's income tax return.
E)Tim buys Ann flowers.

Question

Quizplus · Accepted Answer

Ann preparing Tim's income tax return is not considered consumption spending as no goods or services are being purchased or consumed.

Which of the Following Would Not Be Included in GDP