GDP would include which of the following?

Question

Quizplus · Accepted Answer

GDP includes the value of final goods and services produced within a country's borders. Consulting services are a type of final service that is sold to customers, and therefore would be included in the calculation of GDP. The other choices are not included because:

A) The value of taking a day off from work is not a final good or service and therefore not included in GDP.
C) Intermediate sales refer to goods or services that are purchased as inputs to be used in the production of final goods or services, and are not included in GDP.
D) Illegal drug sales are not legal economic activity and therefore not included in GDP.
E) Housework is not a market transaction and therefore not included in GDP.

GDP Would Include Which of the Following