Which of the Following Is Included in the Calculation of GDP

question 187

Multiple Choice

Which of the following is included in the calculation of GDP?

• A)The purchase of tutoring services from a tutor who holds citizenship outside the country but resides within the country.
• B)The purchase of a new edition of a foreign textbook that was produced in a different nation.
• C)The purchase of ink and paper supplies by a textbook company for the production of new textbooks.
• D)The purchase of a used textbook from a friend who took the same class last year.

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Definitions:

Cash Dividend

A payment made by a company out of its profits to shareholders, usually in the form of cash.

No-Par Stock

No-Par Stock is a class of shares which does not have a nominal or face value assigned to them, meaning the value of the shares is determined by the amount investors are willing to pay for them in the market.

Common Stock

A type of equity security that represents ownership in a corporation, with voting rights and potential for dividends.

Stock At A Premium

Stock at a premium refers to shares that are sold for a price higher than their par value, often reflecting the issuing company's perceived value and growth prospects.