In calculating GDP, all of the following are excluded except

Question

Quizplus · Accepted Answer

Homes built in the year in question are included in GDP as part of investment. All other options are excluded from GDP: intermediate goods because they are already included in the final value of the end product, used goods because they have already been counted in previous GDP calculations, purchases of stocks and bonds because they are not final goods and are not part of current production, and subsidies because they are not part of market transactions.

In Calculating GDP, All of the Following Are Excluded Except