Which of the following is excluded from calculations of GDP?
A. The value of lawn mowing provided by a teenager for his own family.
B. Goods that bring little value to society.
C. Income received by managers of corporations.
D. Goods that are produced and sold during the time period.
Answer: A
Economics
You might also like to view...
A country is categorized as a low-income economy by the World Bank if its per capita income is below:
a. $1,000. b. $100. c. $10,000. d. $50. e. $5,000.
Economics
When Snap sells newly issued shares of stock this is an example of
A) direct finance in a primary market. B) direct finance in a secondary market. C) indirect finance in a primary market. D) indirect finance in a secondary market.
Economics