From the following list, choose the item that would be included in a current measure of GDP.

Question

Quizplus · Accepted Answer

GDP measures the total value of final goods and services produced within a country's borders during a given period of time. The purchase of 10 litres of gasoline represents a final good and would be included in GDP. The purchase of a previously owned house, a $2,000 cheque from your Aunt Grace, income from the sale of your Canadian Snowfun stocks, and a social security cheque are not considered a part of GDP as they do not represent a production of goods or services within the country.

From the Following List, Choose the Item That Would Be