Which of the Following Does NOT Count Toward Changes in the Current

question 65

Multiple Choice

Which of the following does NOT count toward changes in the current GDP?

• A) A student pays for another year of tuition.
• B) You buy a used car from your parents.
• C) The local police station buys new squad cars.
• D) The Pentagon buys gasoline.
• E) None of these answers is correct.

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Definitions:

Labour Cost

The total expense incurred by employers for the salaries, wages, and benefits of their employees.

Labour Availability

The supply of workers qualified and ready to perform work in a specific geographic area or industry.

Call Centre Industry

A sector of the economy focused on managing customer contacts and service operations through large offices known as call centers.

Major Resource

A critical or primary material, finance, or personnel required to achieve an objective or task.