Which of the Following Would Not Be Included in GDP

question 21

Multiple Choice

Which of the following would not be included in GDP as a form of consumption spending?

• A)Ann takes Tim out to a restaurant for dinner.
• B)Ann and Tim buy a microwave oven.
• C)Ann and Tim buy vegetables to prepare soup at home.
• D)Ann prepares Tim's income tax return.
• E)Tim buys Ann flowers.

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Definitions:

Internal Change

Describes a transformation or shift that occurs within an entity, individual, or system, affecting its inherent traits or operations.

Observable Behaviour

Actions or reactions that are visible and can be seen or measured directly, often used in the study of psychology and behavior analysis.

Expert Power

The influence and authority someone possesses due to their expertise, skills, or knowledge in a particular area.

Nobel Prize

Prestigious awards given annually in several categories including Peace, Literature, and various sciences, recognizing significant contributions.