Which of the Following Is Counted in GDP

question 131

Multiple Choice

Which of the following is counted in GDP?

• A) the estimated value of housework
• B) the value of illegally produced goods and services
• C) the value of newly issued stocks and bonds
• D) the estimated value of housing services

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Definitions:

Informative

Refers to communication or data that provides useful or important information or knowledge.

Explanandum

In philosophy of science, the phenomenon or event that needs to be explained or accounted for in an explanation.

Adequate

Adequate describes a condition or quality of being sufficient, acceptable, or satisfactory for a specific requirement or purpose.

Explanandum

The phenomenon or event that is to be explained in a scientific inquiry.