Gross domestic product includes
A)your purchase of 100 shares of Alibaba.
B)your gift of $100 to your brother.
C)your purchase of a gently used 1990 Porsche Carrera.
D)your weekly paycheck as a server at Denny's.

Question

Quizplus · Accepted Answer

Gross domestic product (GDP) is a measure of the total value of goods and services produced in a country during a specific period of time. Therefore, option D, your weekly paycheck as a server at Denny's, is included in the GDP as it represents a payment for a service provided. The other options do not represent the production of goods or services and, therefore, are not included in the calculation of GDP.

Gross Domestic Product Includes