Which of the following would NOT be included in this year's GDP?

A) The purchase of 100 shares of Microsoft stock
B) The replacement of a muffler on a 1978 Chevy
C) The commission charged by a real estate agent
D) The services of a hair stylist
E) The tuition fee for a course in economics

Question

Mohammed Abuzaina · Accepted Answer

Final Answer : A, Explanation :  Purchasing stocks is a financial transaction that is not included in the calculation of GDP. GDP only measures the final goods and services produced in a country's economy during a specific time period. Stock purchases do not directly contribute to the production of goods and services.

Which of the following would NOT be included in this year's GDP?

A) The purchase of 100 shares of Microsoft stock
B) The replacement of a muffler on a 1978 Chevy
C) The commission charged by a real estate agent
D) The services of a hair stylist
E) The tuition fee for a course in economics

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Which of the following would NOT be included in this year's GDP?A) The purchase of 100 shares of Microsoft stockB) The replacement of a muffler on a 1978 ChevyC) The commission charged by a real estate agentD) The services of a hair stylistE) The tuition fee for a course in economics

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Learning Objectives

Learning Objectives

Related questions

Which of the following would NOT be included in this year's GDP?

A) The purchase of 100 shares of Microsoft stock
B) The replacement of a muffler on a 1978 Chevy
C) The commission charged by a real estate agent
D) The services of a hair stylist
E) The tuition fee for a course in economics