Which of the following items is included in GDP?
A) the value of a medical service
B) the value of home cooking
C) proceeds for a garage sale of used goods
D) purchase of a government bond

Question

Quizplus · Accepted Answer

The value of a medical service would be included in GDP as it is a final good or service that is produced and sold in a market transaction.

Answer: D 
 Purchase of a government bond would not be included in GDP as it is not a final good or service that is produced and sold in the market. Instead, it represents a transfer of funds between the purchaser and the government.

Therefore, choices A and D are the best choices.

Which of the Following Items Is Included in GDP