Which of the Following Is Included in GDP

question 109

Multiple Choice

Which of the following is included in GDP?

• A)the sale of stocks and bonds
• B)the estimated rental value of owner-occupied housing
• C)unpaid production of goods and services at home
• D)the sale of an old piece of jewellery

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Definitions:

Interest Rate

The proportion of interest a borrower is charged for using funds borrowed from a lender.

Asset

Resources owned by individuals or businesses capable of generating future economic benefits.

Rational Investor

An individual who makes investment decisions based on logical analysis and evidence to achieve an optimum level of benefit or utility.

Interest Rate

The percentage portion of a loan assigned as interest to the borrower, usually specified as an annual percentage of the outstanding amount of the loan.