Question

Which of the following items is counted toward US GDP? Computer software written in Seattle and...

Which of the following items is counted toward US GDP?

Computer software written in Seattle and sold in India

Stock sold in the US stockmarket by a US company to a US buyer.

Taxes collected by the US government.

The sale of a used car by a North Little Rock used car dealer.
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Answer #1

GDP includes the goods and services that are produced within the national territories of the country. These goods and services should be produced in the same year in which the GDP is calculated. It's not include the stocks or shares because these are merely financial transaction or paper transactions and do not produce anything. Second hand goods such as used cars are also not included.

Therefore the first option is correct. computers are produced within the national boundaries of United States so there will be a part of exports expenditure of GDP.

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