Which One of the Following Is NOT Included in GDP

question 334

Multiple Choice

Which one of the following is NOT included in GDP?

• A) You pay a roofer $3,000 to repair your roof after it is damaged in a hailstorm.
• B) You pay a roofer $3,000 to repair your roof after you discover leaks have appeared due to normal wear and tear.
• C) You give up a weekend of leisure to repair your roof yourself.
• D) You purchase $60 worth of first aid supplies at the local drugstore to treat the cuts and scrapes you suffered while crawling around on the roof.

---

Definitions:

Investment

The allocation of resources, often money, in the hope of generating an income or profit.

Real GDP

The measure of a country's gross domestic product adjusted for inflation, reflecting the value of all goods and services produced at constant prices.

Equity Finance

A method of raising capital through the sale of shares in a company, representing ownership interests in the corporation.

Investment

The allocation of resources, typically money, into ventures, stocks, or assets with the expectation of generating a profit.