Which of the Following Would Not Affect This Year's GDP

question 44

Multiple Choice

Which of the following would not affect this year's GDP?

• A) the paint you purchased when painting your house
• B) the new car your parents purchased and gave to you as a birthday present
• C) a Gateway computer purchased by the U.S. government
• D) the value of a used car you purchased, at its sale price

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Definitions:

Bondholder Claims

The rights that bondholders have to the issuer's assets and income, usually in the form of interest payments and the return of principal at maturity.

Corporation Assets

Corporation assets are all owned resources of a corporation, including tangible and intangible items, that have value and can be used to produce goods or services.

Stockholders

Individuals or entities that own stock in a corporation, giving them ownership interests and rights such as voting on corporate matters.

Total Interest Expense

The sum of all interest payments made by a company over a reporting period, typically for borrowing funds.