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Orjowan asked in Social ScienceEconomics · 2 months ago

Which of the following transactions would not be counted in GDP? Explain your answers.?

Which of the following transactions would not be counted in GDP?

Explain your answers.

a. General Motors issues new shares of stock to finance the

construction of a plant.

b. You buy a new copy of a book.

c. You buy a used copy of a book.

d. The government pays out Social Security benefits.

e. Pizza Hut buys 30 pounds of mozzarella cheese, holds it in

inventory for I month and then uses it to make pizza. (which it

sells).

f. You spend the weekend cleaning your apartment.

g. Amount of money from illegal transaction.

1 Answer

Relevance
  • Oiy
    Lv 7
    2 months ago

    a. it is not a purchase of goods and survives.c. only final product will be count. e. it is intermediat product.f. selbst employed will not be counted.g. imformal sector will not be counted.

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