The gross domestic product (GDP)excludes:
A)the value of a new building.
B)the value of new stocks and shares.
C)the cost of a new vending machine.
D)government expenditure on a new bridge.
E)the money spent on the purchase of legal services by a household.

Question

Quizplus · Accepted Answer

The GDP only includes final goods and services, not financial transactions such as the buying and selling of stocks and shares. Therefore, the value of new stocks and shares is excluded from the GDP.

The Gross Domestic Product (GDP)excludes