Which one of the following events will leave GDP unchanged?
A) You pay $500 to repair your car damaged in an accident.
B) You buy a new domestic car to replace one that was stolen.
C) You lose $500 playing blackjack with friends.
D) You work extra hours this month to help make up for the money you lost playing blackjack.

Question

Quizplus · Accepted Answer

Losing money playing blackjack with friends is a transfer of money between individuals and does not involve the production of goods or services, so it does not affect GDP.

Which One of the Following Events Will Leave GDP Unchanged