Ask Question
BusinessBusiness
19 January, 07:48

Which of the following items is included in the calculation of GDP? a. purchase of 100 shares of Microsoft stock b. purchase of a used car c. the value of a homemaker's services d. sale of Gulf War military surplus e. None of the answers above would be included SubmitNext

+5
Answers (1)
  1. 19 January, 10:59
    0
    The correct answer is option e.

    Explanation:

    The GDP of a country is the value of final goods and services produced in the geographical boundaries of a nation in a year. It does not include the value of intermediate goods produced. This is because it may lead to double counting. So the value of intermediate goods is included as a part of the value of the final good. It also does not include the value of services provided by homemakers.

    Financial transactions such as purchase and sale of stocks and shares are not included. This is because it does not involve the production of any good or service. Sale of second-hand goods is also not included because of the problem of double counting.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Which of the following items is included in the calculation of GDP? a. purchase of 100 shares of Microsoft stock b. purchase of a used car ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
Serenity, a minor, obtains fruits and vegetables on credit from Virgil at Growers' Market. Later, Serenity disaffirms the purchase. Serenity owes Virgil: a. the reasonable value of the goods. b. the retail value of the goods. c.
Answers (1)
Stacy Hanes is an African-American woman who has recently taken her first job and does not seem to like the work environment at all, Her colleagues put down her ideas at team meetings and refer to them as "stupid.
Answers (1)
Which opening will best capture the reader's attention and interest? a. Sustainability is important to HealthyFoods and our record speaks for itself! b. We are always looking for ways to reduce our impact on the environment. c.
Answers (1)
The conversion of preferred stock into common requires that any excess of the par value of the common shares issued over the carrying amount of the preferred being converted should be:
Answers (1)
On January 1, Year 2, Kincaid Company's Accounts Receivable and the Allowance for Doubtful Accounts carried balances of $74,600 and $3,700, respectively. During the year Kincaid reported $208,000 of credit sales.
Answers (2)
New Questions in Business
Which of the following comparisons best isolates the impact of a change in activity on performance?
Answers (1)
If an investor anticipates an annual rental income from a leased property to be $400,000 dollars, this expected sum has a direct bearing on what the investor will pay for the property. This is an example of
Answers (1)
In comparison to industry averages, Okra Corp. has a low inventory turnover, a high current ratio, and an average quick ratio. Which of the following would be the most reasonable inference about Okra Corp.? A. Its current liabilities are too low. B.
Answers (2)
The individual with the highest valuation of the good will win in which of the following auctions? A. Sealed Bid Auction B. English Auction C. Dutch Auction D. All of the above.
Answers (1)
Explain how banks can create money.
Answers (1)
Home » Business » Which of the following items is included in the calculation of GDP? a. purchase of 100 shares of Microsoft stock b. purchase of a used car c. the value of a homemaker's services d. sale of Gulf War military surplus e.
Sign Up Forgot Password?