Explain Why the Purchase and Sale of Used Goods and of Financial

question 12

Essay

Explain why the purchase and sale of used goods and of financial assets are not included in the calculation of GDP even though transactions in these items amount to billions of dollars daily.

---

Definitions:

Data Macro

A feature in database management systems used to automate tasks, such as updating or validating data when it is entered or changed.

Table Events

In database and programming contexts, actions or triggers related to operations on data tables, such as insert, update, or delete actions.

After Update

"After Update" is an event in various programming and database environments that triggers after an existing record or piece of data has been modified.

Before Delete

A condition or state referring to the moment or action before an item or data is permanently removed.