Which of the Following Would NOT Be Counted in This

question 40

Multiple Choice

Which of the following would NOT be counted in this year's GDP?  

• A) Midwest Tractor Company's inventory of brand new farm equipment, which will remain unsold by year's end 
• B) Bruno's meal at the local La Casa Caliente restaurant 
• C) the new house the Barnaby family had constructed this year 
• D) the vacation that the Cartier family enjoyed in France this winter

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Definitions:

Rules and Procedures

Established guidelines and systematic methods designed to organize and standardize actions within an organization or activity.

Personal in Nature

Refers to something that is intended for or affects an individual in a private, intimate, or personal capacity.

Assignment

The transfer of rights or property from one party to another.

Creditor Beneficiaries

A creditor beneficiary is a third party that benefits from a contract wherein the promisor agrees to pay the promisee's debt to the third party.