Which of the Following Items Is Included in GDP

question 24

Multiple Choice

Which of the following items is included in GDP?

• A)the sale of stocks and bonds
• B)the sale of used goods
• C)the sale of services such as those performed by a doctor
• D)All of the above are included in GDP.

---

Definitions:

Keynes's Criticism

John Maynard Keynes's opposition to certain economic theories or policies, often emphasizing the importance of demand and government intervention in mitigating downturns.

Classical Theory

An economic theory emphasizing that markets function best without government interference and that economic problems are self-correcting.

Wage Rates

The amount of compensation workers receive per unit of time worked, often expressed hourly or annually.

Intermediate Range

Pertains to a spectrum or level that lies between the shortest and longest extremes, often used in the context of distances, durations, or magnitudes.