Which of the Following Is Counted in GDP

question 45

Multiple Choice

Which of the following is counted in GDP?

• A)the value of goods and services produced in the underground economy
• B)the cost of a speed boat purchased by drug smugglers
• C)the value of do-it-yourself work
• D)the value of leisure

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Definitions:

Treasury

A department of government or a corporate department responsible for managing all financial operations, including issuing money, managing government or corporate debt, and executing monetary policy.

Shares

Units of ownership interest in a corporation or financial asset, representing a portion of the company.

Consideration Received

The value obtained in exchange for goods or services offered, often represented in monetary terms but can include other forms of value.

Common Stock

A type of equity security that represents ownership in a corporation, with voting rights and the potential for dividends.