When measuring GDP,
A)the government sector is not included because it is the public sector not the private sector.
B)the government sector is counted,and the value of the government sector in GDP is equal to its tax revenue.
C)only the federal government's expenditure on goods and services are included.
D)the expenditure on goods and services by all levels of government are included.
E)the government sector is not counted because it does not produce goods and services.

Question

Quizplus · Accepted Answer

GDP measures the total value of goods and services produced within a country's borders, including those produced by the government. Therefore, the expenditure on goods and services by all levels of government are included in GDP.

When Measuring GDP