Examlex
Which of these will NOT be included in the GDP?
Profits
The financial gain obtained when the revenues generated from business activities exceed the expenses, costs, and taxes involved in sustaining the activity.
Risk-Bearing
The assumption of the risk and uncertainty involved in an enterprise or investment.
Frank Knight
An influential economist known for his work on risk, uncertainty, and the role these factors play in the economy.
Henry George
An American economist and social reformer of the 19th century known for his advocacy of a "single tax" on land to improve social equity.
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