Which of the Following Is Not Included in U

question 18

Multiple Choice

Which of the following is not included in U.S.GDP?

• A)additions of newly produced output to inventory
• B)production of U.S citizens working in foreign countries.
• C)the estimated rental value of owner-occupied housing
• D)the value of food purchased from a grocery store to make meals at home without pay

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Definitions:

Productive Efforts

Refers to activities or endeavors that lead to the creation of goods, services, or value, contributing to economic productivity.

Infrastructure

The fundamental facilities and systems serving a country, city, or area, including transportation and communication systems, water and power lines, and public institutions like schools and hospitals.

School Buildings

Structures designed and constructed specifically for educational activities and to accommodate students and faculty.