Which of the Following Would Be Excluded from the Gross

question 72

Multiple Choice

Which of the following would be excluded from the gross domestic product (GDP) ?

• A)The mayor of a city hiring more workers to improve the sanitation of the city
• B)The sale of mobiles decreasing significantly
• C)The government reducing welfare benefits
• D)A homemaker spending $20 taking the family out to lunch instead of cooking food ,
• E)A consumer having his pickup truck tuned up at the local garage

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Definitions:

Bid

The price a buyer is willing to pay for a security or asset.

Ask

The lowest price a seller is willing to accept for an asset being sold on the market, opposite of the bid price.

AAA Corporate Bonds

The highest quality bonds issued by corporations with a strong ability to repay the debt, making them low-risk investments.

Interest Rates

The amount charged by lenders to borrowers for the use of money, expressed as a percentage of the principal, typically on an annual basis.