Question

Which of the following would NOT be included in GSDP calculations?

• A. A doctor's consultation fee.
• B. The sale of a new car.
• C. The construction of a new bridge.
• D. The value of an old house sold a second time.

Answer 1

Answer:

D. The value of an old house sold a second time.

• GSDP measures the value of new goods and services produced in a given period.

• The sale of a used item does not count as new production.