Which of the following activities is most likely to be counted in GDP?
A. Gail buys paper and crayons to donate to poor children in need of school supplies.
B. Bud works hard five hours each week to make sure that his lawn always looks nice.
C. Fran volunteers at the local veteran's hospital twice a month.
D. Stu gave $5 to a homeless man he met in the park.
Answer: A
Economics
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Who helps calculate GDP in the United States?
A) the Bureau of Economic Analysis B) the Census Bureau C) the Bureau of Labor Statistics D) all of the above E) none of the above
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While GDP includes tangible goods such as books and bug spray, it excludes intangible services such as the services provided by teachers and exterminators
a. True b. False Indicate whether the statement is true or false
Economics