QuestionJune 18, 2025

Multiple Select Question Select all that apply Which of the following is included in GDP? Increase in the stock price of a company The purchase of a used car The commission earned by a real estate agent The income of a house cleaner The cost of transferring a bond from one investor to another

Multiple Select Question Select all that apply Which of the following is included in GDP? Increase in the stock price of a company The purchase of a used car The commission earned by a real estate agent The income of a house cleaner The cost of transferring a bond from one investor to another
Multiple Select Question
Select all that apply
Which of the following is included in GDP?
Increase in the stock price of a company
The purchase of a used car
The commission earned by a real estate agent
The income of a house cleaner
The cost of transferring a bond from one investor to another

Solution
4.6(153 votes)

Answer

The commission earned by a real estate agent, The income of a house cleaner Explanation 1. Identify GDP Components GDP includes goods and services produced within a country during a specific period. It excludes financial transactions like stock price changes or used goods. 2. Evaluate Each Option - **Increase in the stock price of a company**: Not included, as it is a financial transaction. - **The purchase of a used car**: Not included, as it involves second-hand goods. - **The commission earned by a real estate agent**: Included, as it is payment for services rendered. - **The income of a house cleaner**: Included, as it is payment for services rendered. - **The cost of transferring a bond from one investor to another**: Not included, as it is a financial transaction.

Explanation

1. Identify GDP Components<br /> GDP includes goods and services produced within a country during a specific period. It excludes financial transactions like stock price changes or used goods.<br /><br />2. Evaluate Each Option<br /> - **Increase in the stock price of a company**: Not included, as it is a financial transaction.<br /> - **The purchase of a used car**: Not included, as it involves second-hand goods.<br /> - **The commission earned by a real estate agent**: Included, as it is payment for services rendered.<br /> - **The income of a house cleaner**: Included, as it is payment for services rendered.<br /> - **The cost of transferring a bond from one investor to another**: Not included, as it is a financial transaction.
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