GDP includes the:Select one:a. current market value of government purchases of goods and services. b. sales of stocks and bonds at current market prices. c. current market value of used cars. d. current market value of all existing homes, regardless of when they were built.

Question

Business

Mollie

18 May, 01:17

GDP includes the:Select one:a. current market value of government purchases of goods and services. b. sales of stocks and bonds at current market prices. c. current market value of used cars. d. current market value of all existing homes, regardless of when they were built.

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Answers (1)

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Adison Parsons · Answer 1

The correct option is A

Explanation:

GDP stands for the Gross Domestic Product, which evaluates or determine the economic activity value of a country. It is the aggregate of all the market prices or the values of all the final services and the goods produced or manufactured in the economy during the time period.

In short, GDP of the country is one of the main or primary indicators which is used to determine the economy performance of the country. So, it involves the current or present market value of the government purchases of goods and services.