Which of the Following Is Likely to Be Excluded from the Gross

question 79

Multiple Choice

Which of the following is likely to be excluded from the gross domestic product (GDP) of a country?

• A)The value of the drugs being sold in a vacant lot
• B)The value of the drugs being sold in a pharmacy
• C)A doctor treating a patient in a hospital
• D)The value of a new house bought by an individual
• E)The value of new furnitures bought by an individual

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Definitions:

State Governments

The governing bodies of individual states in a federal system, responsible for local legislation, enforcement, and services within their territories.

Temporary Assistance

Short-term support or aid provided to individuals or organizations in need, often through government programs or non-profit organizations.

Needy Families

Households that require assistance due to financial hardship, poverty, or lack of basic resources for living.

Nonprofits Purposes

Describes the goals or objectives that nonprofit organizations aim to achieve, which can include social, charitable, cultural, educational, or environmental missions.