Are the Following Transactions Included in the Calculation of the GDP

question 54

Essay

Are the following transactions included in the calculation of the GDP? Why?
a. books you buy from the university bookstore
b. purchase of government bonds
c. writing a cheque to your dentist for his services
d. purchase by a car manufacturer of tyres for the produced vehicles

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Definitions:

Cotyledons

Seed leaves in plants that emerge during germination and are the first leaves to appear.

Stolons

Horizontal above-ground stems that grow from the base of a plant, facilitating asexual reproduction by producing new plants at their tips.

Nutrients

Substances obtained from food that are vital for growth, maintenance, and repair of the body's tissues.

Parenchyma

A type of unspecialized plant tissue consisting of large, thin-walled cells for various functions, such as photosynthesis, storage, and secretion.