Which of the following would not be counted in 2016's GDP?
A) the value of a laser printer manufactured in 2016 but not sold in 2016
B) the commissions earned by a sales associate in selling home theater systems built prior to 2016
C) the value of a 1976 convertible you purchase from a dealer in 2016
D) the 2016 salary of a used furniture salesperson

Question

Quizplus · Accepted Answer

Only goods and services produced within the current year are included in GDP. The convertible from 1976 was not produced in 2016, so it would not be counted in that year's GDP. The laser printer and the commissions earned on sales of older products would both be included in GDP, as would the salary earned by the used furniture salesperson.

Which of the Following Would Not Be Counted in 2016's