Which of the following is not counted as a part of GDP?
A)the purchase of a loaf of bread by a consumer
B)the unsold additions to inventory at a furniture store
C)the purchase of a snowplow by the city of Minneapolis
D)the purchase of 100 shares of Amazon.com stock by your grandmother

Question

Which of the following is not counted as a part of GDP?
A)​the purchase of a loaf of bread by a consumer
B)​the unsold additions to inventory at a furniture store
C)​the purchase of a snowplow by the city of Minneapolis
D)​the purchase of 100 shares of Amazon.com stock by your grandmother

Quizplus · Accepted Answer

The purchase of 100 shares of Amazon.com stock by your grandmother is not counted as a part of GDP because it is a transfer of ownership of assets and does not directly contribute to the production of goods and services in the economy. The other options involve either the final sale of a good or the purchase of a capital good that will be used in the production of goods and services.

Which of the Following Is Not Counted as a Part