Which of the following would NOT be included in this year's GDP?

Question

Quizplus · Accepted Answer

The purchase of stocks or securities is a financial transaction that does not directly impact current production or income, and thus is not included in GDP.

Answer: B
 The replacement of a transmission involves the purchase of a good (a transmission) and the payment for a service (installation), making it a part of GDP.

Answer: C
 The commission charged by a real estate agent is payment for a service provided by the agent, and is a part of GDP.

Answer: D
 The services provided by a hair stylist are considered a part of the service sector, and are included in GDP.

Answer: E
 The tuition fee for a course in comparative literature is payment for an educational service, and is a part of GDP.

Which of the Following Would NOT Be Included in This