Which of the Following Is Not Included in GDP but Is

question 108

Multiple Choice

Which of the following is not included in GDP but is included in GNP?

• A)A foreign company's production in the United States
• B)Income of a citizen of Germany working in the United States
• C)Economic activity of U.S. citizens working abroad
• D)Sales of a good by one firm to another firm

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Definitions:

Tertiary

Pertaining to the third level or stage, often used in the context of tertiary education (higher education) or the tertiary sector (services sector).

Labour Market

The supply and demand for labor, where employers seek to hire employees and workers seek employment.

Gendered Division

The allocation of roles, responsibilities, and tasks based on gender, often leading to disparities in power, resources, and opportunities.

Social Inequality

Within a community or society, inequities in opportunities and rewards exist for different social standings or positions.