Which of the Following Is Not Directly Counted in GDP

question 272

Multiple Choice

Which of the following is not directly counted in GDP?

• A)investment expenditures
• B)government purchases
• C)intermediate goods
• D)consumer goods
• E)net exports

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Definitions:

Writ of Summons

A legal document issued to initiate court proceedings, formally notifying the defendant of the action against them and requiring their response.

Statement of Claim

A statement of claim is a legal document filed in court that outlines the plaintiff's allegations against the defendant, serving as the initial step in a legal action.

Plaintiff Opens Trial

The initial phase of a trial in which the plaintiff, or person bringing the case, presents their argument or evidence first.

Contingency Fees

A payment arrangement where a lawyer's fee is contingent on winning the case, typically a percentage of the settlement or judgment.