Which of the following are not included in GDP?
A)Transfer payments.
B)Imports
C)Intermediate goods.
D)All of the above are excluded from GDP.

Question

Which of the following are not included in GDP?
A)​Transfer payments.
B)​Imports
C)​Intermediate goods.
D)​All of the above are excluded from GDP.

Quizplus · Accepted Answer

All of the choices listed are indeed excluded from GDP calculations. Transfer payments are not included because they do not reflect the production of goods or services. Imports are subtracted out of GDP calculations because they represent goods and services produced outside the domestic economy. Intermediate goods are excluded to avoid double counting, as their value is already included in the final goods they contribute to.

Which of the Following Are Not Included in GDP