Which of the Following Transactions Is Excluded from GDP

question 115

Multiple Choice

Which of the following transactions is excluded from GDP?

• A)You buy a government bond for $100.
• B)Intel buys a new jet to ferry its workers from its Folsom, CA headquarters to Santa Clara.
• C)The local government spends $500,000 for a new park.
• D)The Brazilian air force buys jets from the U.S.air force.

---

Definitions:

Buying Decisions

The process by which consumers decide what, when, and how to purchase goods or services.

Writing Process

A series of steps a writer takes to draft, revise, and finalize their work.

Revising

The process of reviewing and altering a document or artwork with the aim of improving its content or quality.

Proofread

The process of reading and examining written content to detect and correct errors in grammar, spelling, punctuation, and formatting.