Which of the following would NOT be included in this year's GDP for the United States?
A) A U.S. business spends $100 million to build a new factory in South Carolina.
B) The U.S. government distributes $10 million in social security payments.
C) A foreign country purchases $2 billion worth of U.S. exports.
D) U.S. consumers spend $40 million on domestically produced medical services.

Question

Quizplus · Accepted Answer

Social security payments are transfer payments and do not represent new production or income, so they are not included in GDP. The other options represent production, exports, and consumption of domestically produced goods and services, which are included in GDP.

Which of the Following Would NOT Be Included in This