Which item is included in GDP?
A) the purchase of 100 shares of Microsoft stock
B) the purchase of a 1965 Ford Mustang
C) Social Security payments from the U.S. government to retired people
D) the purchase of a ticket to a Lady Gaga concert

Question

Quizplus · Accepted Answer

The purchase of a ticket to a Lady Gaga concert is included in GDP as it represents a final good or service that is being exchanged for money. The purchase of Microsoft stock, a 1965 Ford Mustang, and Social Security payments are not included as they do not represent current production of goods or services.

Which Item Is Included in GDP