Which of the Following Would Be Included in GDP

question 32

Multiple Choice

Which of the following would be included in GDP?

• A) The purchase of Genotech stock.
• B) The purchase of used car.
• C) The purchase of a new home.
• D) A bakery's purchase of flour to make gourmet cookies.

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Definitions:

Distribution

The way in which something is shared out among a group or spread over an area, especially referring to the statistical arrangement of values in a dataset.

Shape

In statistics, the geometric form of a distribution that describes how data is organized or spread out.

Distribution

The way in which values in a data set are spread or dispersed across a range.

Probabilities

A branch of mathematics dealing with the likelihood of occurrence of different events.