Which One of These Is Counted in GDP

question 217

Multiple Choice

Which one of these is counted in GDP?

• A)The purchase of a used car
• B)The purchase of 100 shares of IBM
• C)Government spending on a NASA project to go to Venus
• D)The purchase of a 10-year-old office building
• E)All of the choices are counted in GDP

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Definitions:

Home Improvement

Home improvement involves making upgrades or repairs to a person's home, which can range from remodeling to gardening, aimed at enhancing the home's comfort, utility, or aesthetic value.

Future Value

The value of an investment or cash flow projected at a specified date in the future, considering a given rate of interest or growth.

Investment Period

The investment period refers to the span of time during which an investor holds onto a particular investment, aiming for it to appreciate in value or generate income.