Which of the following will be excluded from the measurement of gross domestic product (GDP)?
A)The market value of automobiles purchased by the federal government
B)The market value of California wine purchased by a Canadian firm
C)The payment of employees' medical insurance
D)The market value of computers purchased by state governments
E)The market value of transactions in the underground economy

Question

Quizplus · Accepted Answer

The market value of transactions in the underground economy is excluded from the measurement of GDP because these transactions are not reported to the government and thus not included in official economic statistics.

Which of the Following Will Be Excluded from the Measurement