Asked by
Mumta Menghani
on Oct 13, 2024Verified
Which of the following are excluded from GDP?
A) Changes in the value of existing assets
B) Financial transactions
C) Sales of used goods
D) All of the choices are excluded from GDP.
Existing Assets
Tangible or intangible resources that a company currently owns and uses in its operations.
Financial Transactions
The exchange of monetary assets between parties, including buying, selling, or trading of goods, services, or financial instruments.
Used Goods
Items that have been previously owned and utilized by another party, often sold at a lower price than equivalent new items.
- Recognize the factors excluded from GDP calculation.
Verified Answer
AV
Learning Objectives
- Recognize the factors excluded from GDP calculation.