Which of the following transactions would not be counted in GDP? Exordinary your answers.
You are watching: Which of the following transactions is not counted in gdp?
a. General Motors concerns brand-new shares of stock to finance the building of a plant.
b. General Motors builds a brand-new plant.
c. Company kind of A efficiently launches a hostile takeover of company B, in which agency A purchases all the assets of agency B.
d. Your grandmommy wins $10 million in the lottery.
e. You buy a new copy of this textbook.
f. You buy a used copy of this textbook.
g. The federal government pays out Social Security benefits.
h. A public utility installs new anticontamination tools in its smokestacks.
i. Luigi’s Pizza buys 30 pounds of mozzarella cheese, holds it in inventory for 1 month, and also then provides it to make pizza (which it sells).
j. You spfinish the weekfinish cleaning your apartment.
k. A drug dealer sells $500 worth of illegal drugs.
Jan 28 2021 10:38 AM
1 Apshowed Answer
Nishtha Nanswered on January 30, 2021
Things not had in calculating GDP are- d) your grandmom wins $10 millions in lottery -as it is a transfer payment and no new value is developed here so it is excluded. f) you buy a supplied copy of textbook - sale or purchase of supplied or second hand products are excluded as they are not produced in the existing duration. g) federal government pays out social security benefits - social security benefits are part of carry payment so they are excluded. i) Luigi’s Pizza buys 30 pounds of mozzarella...
ese, holds it in inventory for 1 month, and also then uses it to make pizza - as inventories are not contained only final products are included j) you spfinish the weekend cleaning your apartment- non industry and also residential activities are not counted in GDP. k) A drug sells $500 worth of illegal drugs - just sale of legal items are contained.
Do you need an answer to a question different from the above? Ask your question!
Aid us make our solutions better
(Rate this solution on a range of 1-5 below)
We want to correct this solution.Tell us more
(Hide this section if you desire to price later)
Was the last answer of the question wrong?
Were the solution actions not in-depth enough?
Was the language and grammar an issue?
Does the question referral wrong data/reportor numbers?
We appreciate your Feedback
Stay Solved :)
This message will certainly auto close in 5 seconds
Didn"t discover yours?Ask a brand-new question
Get plagiarism-cost-free solution within 48 hours
Next off Previous
Submit your papers and obtain totally free Plagiarism reportFree Plagiarism Checker
Stuck through a Question?
Your solution is simply a click away! Get it NowTry Free for 7 days
Create an Account and also Get the Solution
Log right into your existing lutz-heilmann.info account
Have an account already? Click right here to Login
By developing an account, you agree to our terms & conditions
No Account Yet? Click here to Sign Up
Sign in through Facebook
We don"t short article anything without your permission
Looking for Something Else? Ask a Similar QuestionAsk Now
Couldn"t Find What You Were Looking For ?Ask Your Question Now!
Get it resolved from our peak professionals within 48hrs!
Stuck via a Question?
Get the finish solution right currently.View Complete Solution
See more: Trailer: 13 Reasons Why Full Movie Online Free, Trailer: 13 Reasons Why
187 Wolf Roadway, Albany New York, 12205, USA
Level 6/140 Creek Street, Brisbane, QLD 4000, Australia
Reach us on:
© 2007-2021 Transinternet Global Inc. All legal rights scheduled.
Questions & Answers
Sign upSign In