Which of the Following Is Not Included in GDP Calculations

question 102

Multiple Choice

Which of the following is not included in GDP calculations?

• A)​the value of an accountant's services
• B)​the value of 500 shares of Microsoft stock sold to an investor
• C)​the value of high-definition television sets produced, but not sold, during the year
• D)​the value of a haircut

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Definitions:

Tacit Knowledge

Knowledge that is difficult to transfer to another person by writing it down or verbalizing it.

School Performance

A measure of how well students understand and can apply the knowledge and skills expected of them by their educational system.

Bystander Apathy

A social psychological phenomenon in which individuals are less likely to offer help to a victim when other people are present.

Diffusion of Responsibility

A sociopsychological phenomenon whereby a person is less likely to take responsibility for action or inaction when others are present.