Which of the following is NOT included when calculating GDP?
A) the dollar value of a new book
B) the dollar value of a new iPod
C) the dollar value of a newly issued corporate bond
D) the dollar value of tuition expenditures at a community college

Question

Quizplus · Accepted Answer

Newly issued corporate bonds are not included in calculating GDP because they are not a final good or service produced within a country's borders. GDP only includes the market value of final goods and services produced within a country during a given period of time. The other options, a new book, a new iPod, and tuition expenditures at a community college, are all examples of final goods or services that would be included in GDP.

Which of the Following Is NOT Included When Calculating GDP