Which of the following is not counted as a part of gdp?


11. Which of the following is not counted as a part of GDP? A. the purchase of 100 shares of AT&T stock by your grandfather.
1. GDP is: A the sum of all currency and coins in circulation. B. the value of all final goods and services produced by a gov
6. Gross Domestic Product equals $1.2 trillion. If consumption equals $690 billion, investment equals $200 billion, and gover

Answer

11 A. GDP does not include purchase of shares. It includes additions to physical stock. 12. B. Unreported transactions are not included in GDP. 13. A. An exchange rate. Exchange rate is the value of a country’s currency in terms of another country’s currency.

14. D.The tuition paid to enroll in a course. GDP includes the economic value of all final goods and services produced in a given year in a country. Sale of used goods, unreported transactions and gifts which do not add economic value are excluded.

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