Which of the Following Is Not Included in GDP

question 39

Multiple Choice

Which of the following is not included in GDP?

• A)a can of bug spray
• B)the services of an exterminator
• C)the honey produced and sold by a beekeeper
• D)All of the above are included in GDP.

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Definitions:

FOB Factory

FOB Factory, or Free on Board Factory, is a pricing term that indicates the buyer takes responsibility for goods once they leave the seller's premises.

Neiman Marcus

is a luxury department store chain in the United States known for its high-end clothing, accessories, and home furnishings.

Milan

A city in Italy, known for its significant influence in fashion, design, and finance sectors.

Freight-Absorption Pricing

A pricing strategy where the seller absorbs all or part of the freight charges to make their product more attractive to distant buyers.