Which of the Following Transactions Would Be Included in the Calculation

question 38

Multiple Choice

Which of the following transactions would be included in the calculation of Gross Domestic Product (GDP) ?

• A) the purchase of legal services
• B) the purchase of a share of stock in Apple
• C) the purchase of wheat by a baker to make bread
• D) the purchase of a second-hand lawnmower from your neighbor

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Definitions:

Fun

An experience of amusement or enjoyment.

Idea

An idea refers to a thought, conception, or notion that exists in the mind as a result of mental understanding, awareness, or activity.

Connective

Logical operators that join statements or propositions in logical expressions, such as "and", "or", and "not".

Tomatoes

A red or yellowish fruit with a juicy pulp, used as a vegetable in cooking and eaten raw.