Which of the Following Is Not Directly Counted in GDP

question 260

Multiple Choice

Which of the following is not directly counted in GDP?

• A)investment expenditures
• B)government purchases
• C)intermediate goods
• D)consumer goods

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Definitions:

Tax

A compulsory financial charge or some other type of levy imposed by a governmental organization on individuals or entities to fund public expenditures.

Price

The sum of money needed to buy a product, service, or property.

Producer Surplus

The difference between the amount producers are willing to sell a good for and the higher price they actually receive.

Tax

A compulsory financial charge or some other type of levy imposed on a taxpayer by a governmental organization in order to fund government spending and various public expenditures.