Which of the Following Expenditures Would Not Be Included in GDP

question 73

Multiple Choice

Which of the following expenditures would not be included in GDP?

• A) Purchase of a new lawnmower.
• B) Purchase of a silver cup previously sold new in 1950.
• C) Purchase of a ticket to the latest movie.
• D) Purchase of a landscaping service.

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Definitions:

Characteristic

A distinguishing feature or quality that defines an individual, object, or concept.

Leadership

The act of guiding or directing a group towards a goal or vision, often involving motivating and influencing others.

Power

The ability or capacity to direct or influence the behavior of others or the course of events.

Achievement

The act of accomplishing or attaining a goal through effort, skill, or courage.