Since GDP Includes Only the Additions to Income, Not Transfers

question 95

Multiple Choice

Since GDP includes only the additions to income, not transfers of assets, ______ are not included in the computation of GDP.

• A) final goods
• B) used goods
• C) consumption goods
• D) goods produced for inventory

---

Definitions:

State-run Lotteries

Lotteries operated by state governments in which participants buy tickets for a chance to win monetary prizes, often contributing to public funding.

Education Sector

A segment of society focused on the provision, development, and delivery of educational services and institutions.

Tax Incidence

The degree to which a tax falls on a particular person or group.

Business Property

Assets owned by a business, including both real estate and personal property used for business operations.