What is included in GDP?
A) the sale of stocks and bonds
B) the estimated rental value of owner-occupied housing
C) unpaid production of goods and services at home
D) proceeds of a garage sale

Question

Quizplus · Accepted Answer

GDP includes the estimated rental value of owner-occupied housing. This means that the value of housing services that homeowners provide to themselves by living in their own homes are included in GDP calculations.

Other choices:
A) The sale of stocks and bonds are not included in GDP because they do not represent the production of goods and services.
C) Unpaid production of goods and services at home are not included in GDP because they are not part of the market economy. 
D) Proceeds of a garage sale are not included in GDP because they represent the sale of used goods and do not represent new production.

What Is Included in GDP