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Determine Whether Each of the Following Would Be Included in GDP

Question 171

Essay

Determine whether each of the following would be included in GDP, and explain why or why not.
(A) Yau buy aused car from a frend.
(B) Yau buy a used car at the local dealership.
(C) Yau are an at-home parent and spend you day cleaning house, codking menls, ant caring for the childen.
(D) Yau hire anany to clean yau house, cook your meals, and care far your children.

Correct Answer:

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(A) This does not caunt in GDP. Because ...

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