Which of the following is NOT included in the calculation of Gross Domestic Product (GDP)?
A) The purchase of a raincoat by Mr. Z
B) Mrs. T's use of a lawyer
C) Mr. J's purchase of a share of General Motors stock
D) All of these would be included

Question

Quizplus · Accepted Answer

Purchases of stock are not included in the calculation of GDP since they do not represent the production of goods and services within a country's economy. The other options would be included as they represent the purchase of goods or services, which are factors included in the calculation of GDP.

Which of the Following Is NOT Included in the Calculation