Which of the Following Is Included in GDP

question 11

Multiple Choice

Which of the following is included in GDP?

• A)the market value of rental housing services,but not the market value of owner-occupied housing services.
• B)the market value of owner-occupied housing services,but not the market value of rental housing services
• C)both the market value of rental housing services and the market value of owner-occupied housing services
• D)neither the market value of owner-occupied housing services nor the market value of rental housing services.

---

Definitions:

Present Immigrants

Refers to the current generation or cohort of immigrants residing in a country, distinct from past waves of immigrants.

Past Immigrants

Individuals who have migrated to a new country from their homeland in previous periods, often shaping the demographic and cultural landscape of the new place.

Noncitizens

Individuals who do not hold citizenship in the country in which they live, often subject to different legal rights and obligations than citizens.

Citizens

Members of a political community, typically having both rights and duties associated with membership in a given nation-state.