Which of the Following Activities Would Be Included in GDP

question 64

Multiple Choice

Which of the following activities would be included in GDP?

• A) You buy a cake from a local bakery for $30.
• B) You pay a friend $30 to bake a cake.
• C) You bake a cake for yourself.
• D) All of these would be included in GDP.

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Definitions:

Negligent

Failure to take proper care in doing something, leading to damage or injury to others.

Lawful Action

Actions or behaviors that are in accordance with legal requirements and legislations.

Gasoline Tanker Truck

A large vehicle designed for transporting liquid petroleum products, especially gasoline, from refineries to distribution points.

Discriminate

To make a distinction in favor or against someone or something based on the group, class, or category rather than according to actual merit.