Which of the Following Is Not Included in GDP

question 48

Multiple Choice

Which of the following is not included in GDP?

• A)Unpaid maintenance of your house by your spouse.
• B)Services such as those provided by lawyers and dentists.
• C)The estimated rental (imputed)value of owner-occupied housing.
• D)Production by foreign citizens in the U.S.

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Definitions:

Bonds

Debt securities issued by corporations or governments to raise funds, promising to pay back the face value on maturity along with periodic interest payments.

Treynor's Measure

A performance metric for determining how well a portfolio has performed in excess of a risk-free rate, adjusted for the portfolio's risk.

Residual Standard Deviation

A measure of the amount of variance in a dataset or predictive model not explained by the model itself.

Beta

A measure of a stock's volatility in relation to the overall market; a beta above 1 is more volatile than the market.