Which of the Following Market Transactions of Final Goods and Services

question 89

Multiple Choice

Which of the following market transactions of final goods and services are excluded from the computation of U.S. GDP? ​

• A) ​Purchases of products such as wine, beer, hard liquor, and cigarettes.
• B) ​Secondhand transactions, such as when a used car is sold.
• C) ​New purchase that a resident of one state makes in a different state.
• D) ​Purchases of necessities such as groceries and rent.

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Definitions:

Stock Price

The current market price at which a share of a company's stock can be bought or sold.

Profitability

A measure of how effectively a company generates profit compared to its revenue. It's an indicator of financial health and efficiency.

Chief Executive Officer

The highest-ranking executive in a company, responsible for making major corporate decisions, managing overall operations, and acting as the main point of communication between the board of directors and corporate operations.

Interest Rates

For the use of assets, lenders apply a charge to borrowers, expressed as a proportion of the principal.