Which of the Following Would NOT Be Included in Consumption

question 37

Multiple Choice

Which of the following would NOT be included in consumption expenditures when calculating GDP?

• A) an individual's purchase of a new car
• B) an individual's purchase of medical services
• C) an individual's purchase of newly issued shares of IBM stock
• D) an individual's purchase of legal services

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Definitions:

Submarine Canyons

Deep, steep-sided valleys cut into the seabed of the continental slope, often extending well out into the ocean floor.

Continental Slope

The steep slope where the continental shelf drops down to the deep ocean floor.

Continents Position

Refers to the geographical location of the Earth's continents, which can change over geological time due to the process of continental drift.

Ocean Basins

Large depressions on the Earth's surface that are filled with ocean water, forming the basic divisions of the world's oceans.