Which of the Following Would Be Included in the Gross

question 117

Multiple Choice

Which of the following would be included in the gross domestic product (GDP) ?

• A)The monthly telephone bill paid by Mr.Jones
• B)The corporate stock purchased by Steven
• C)The used limousine purchased by Harold
• D)The bricks purchased by a construction company to build a house
• E)The $300 George saved because he painted his own garage

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Definitions:

Revenue

Revenue is the total amount of money received by a company for goods sold or services provided during a certain period of time.

Pairs

Objects considered together because of their relationship or similarity, often used in the context of programming or data analysis.

Students

Individuals engaged in learning, either in formal educational institutions or through informal means, focused on acquiring knowledge or skills.

Zero Net Difference

When the difference between expense and revenue equals zero; meaning that the values of both are equal; also called breakeven points when revenue and expenses are graphed on the same coordinate plane.