Which of the Following Is Not Included in GDP Calculations

question 102

Multiple Choice

Which of the following is not included in GDP calculations?

• A)​the value of an accountant's services
• B)​the value of 500 shares of Microsoft stock sold to an investor
• C)​the value of high-definition television sets produced, but not sold, during the year
• D)​the value of a haircut

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Definitions:

Negligence Per Se

The doctrine that provides that a conclusive presumption of breach of duty arises when a defendant has violated a statute and thereby caused a harm the statute was designed to prevent to a person the statute was designed to protect.

Foreign Nation

A country that is located outside one's own country and is governed by a separate legal and political system.

Punitive Damages

Punitive Damages are monetary compensation awarded to a plaintiff, over and above actual damages, intended to punish the defendant for particularly egregious conduct and deter future similar acts.

Plaintiff

The person or party who initiates a lawsuit against another party in a court of law.