Which of the following is included in Gross Domestic Product (GDP)?

Question

Quizplus · Accepted Answer

Gross Domestic Product (GDP) includes investment spending on capital goods, which refers to the purchase of goods and services that are used for the production of other goods and services. Purchases of stocks and bonds by individuals and firms, as well as sales of financial assets to foreign firms, are not included in GDP as they do not directly contribute to the production of goods and services.

Which of the Following Is Included in Gross Domestic Product