Which of the Following Will Contribute to GDP

question 254

Multiple Choice

Which of the following will contribute to GDP?

• A)Your spouse cleans your house every Thursday.
• B)You sell an old bicycle for $100.
• C)You find your lost economics textbook.
• D)You pay a doctor $200 to treat an arm that you broke in an accident.

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Definitions:

Prototype

An early sample, model, or release of a product built to test a concept or process and to be used as a thing to be replicated or learned from.

1 Year

A period of twelve consecutive months used as a basis for calculating time-related metrics.

Independent Contractor

An individual who provides goods or services to another entity under terms specified in a contract or within a verbal agreement, not considered an employee.

Autonomy

The right or condition of self-government, or the ability of an individual or organization to make their own decisions and control their own affairs.