Which of the following is directly included in the calculation of GDP? Multiple Choice The final sale of a brand new Cadillac. The appreciation in value of shares of stock. The sales of sand to a glassmaker. The sales of land to a builder.

Question

Braedon Johnston

Business

21 June, 18:39

Which of the following is directly included in the calculation of GDP? Multiple Choice The final sale of a brand new Cadillac. The appreciation in value of shares of stock. The sales of sand to a glassmaker. The sales of land to a builder.

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Answers (1)

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Karter Murray · Answer 1

Final sale of a brand new Cadillac

Explanation:

Gross Domestic Product (GDP), is the economic term which is defined as the one that evaluated the economic activity value within the country. It is the sum or aggregate of the market prices of all the final or finished goods as well as services which are produced or manufactured in the economy during a time period.

In short, it states the output worth of the country in the local or country currency.

Therefore, the one which is straightly included in GDP are the final goods, not the intermediate or financial goods. So, the final sale of the Cadillac is included in GDP.