Explain Why the Purchase and Sale of Used Goods and of Financial

question 12

Essay

Explain why the purchase and sale of used goods and of financial assets are not included in the calculation of GDP even though transactions in these items amount to billions of dollars daily.

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Definitions:

Brainstorm

Brainstorming is a process where individuals or groups generate creative ideas and solutions through spontaneous and unrestrained discussion.

Thesis Statement

A sentence or two in an essay or similar document that presents the central argument or claim of the text.

Schedule

A plan for carrying out a process or procedure, listing all the required steps and the timing for each step.

Call To Action

A prompt on a website or in an advertisement, urging the viewer to take a specific action.