Which of the following items is included in GDP?
Wine sold in the supermarket
Cars produced in factories but still not sold
Unemployment benefits paid by the government
A beer consumed by the foreign tourists in a bar
Washing up once dishes at home
A just married couple that buys a new house
A student who rents a recently built apartment
A donation from father to son
When one buys an item from website in a foreign country.
total income and total expenditure are included when calculating GDP.
the GDP would be overstated
GDP is the value of all the goods and services produced in the country in one year. Money earned outside of the country is not included.
yes
Yes, government spending is included in the expenditures calculations of GDP.
total income and total expenditure are included when calculating GDP.
the GDP would be overstated
GDP is the value of all the goods and services produced in the country in one year. Money earned outside of the country is not included.
1. Following are the items included In total current assets:Cash in handBankAccounts receivableNotes receivableInventory
yes
Yes, government spending is included in the expenditures calculations of GDP.
No
In the year 1919, the GDP of US was at 78.3. The GDP rose to 88.4 in the following year.
Answering "Is Social security payments received by a retired factory worker included in this year's GDP?"
following items includes:1 - cash2 - bank3 - inventory4 - debtors etc
used good sales are not included in GDP, because it is treated as asset transfer.
no....i think the change in inventory is included but not accumulation..