Which of the Following Is Excluded from GDP

question 50

Multiple Choice

Which of the following is excluded from GDP?

• A) gasoline purchased for the family car
• B) services performed by municipal law enforcement officials
• C) the purchase of cloth by a homemaker to make draperies for the bedroom
• D) steel sold to a refrigerator manufacturer
• E) goods and services sold to foreigners

Recognize the investment attributes of gold, including bullion and coins, and their market dynamics.

Understand the tax implications and regulation associated with real estate investments.

Grasp the factors influencing real estate values and the calculation of profits.

Identify the challenges and strategies of diversification in real estate investments.

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Definitions:

Preterm Deliveries

Births that occur before the completion of 37 weeks of pregnancy, potentially leading to health issues for the newborn.

Cesarean Deliveries

A surgical procedure used to deliver a baby through incisions in the abdomen and uterus.

Postmature Babies

Infants born after the normal gestation period, typically considered to be more than 42 weeks, possibly leading to certain health risks.

Brain Damage

A physical injury or dysfunction of the brain that can result from accidents, medical conditions, or other causes, leading to cognitive, physical, or emotional impairments.