Question

Official GDP includes ______. a. construction of new buildings b. illegal commodities c. household production d....

Official GDP includes ______.

a.

construction of new buildings
b.

illegal commodities
c.

household production
d.

transfer payments
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Answer #1

a.

construction of new buildings.

Explanation :

Household consumption is not included in gdp because they are not come into market for exchange or trade.

Illegal commodities are not included because they are not record and not legal.

Transfer of payments are lile social security there for they are not included in gdp because they are not final good.

Construction of buildings are included in gdp because they use the raw materials etc as input and becomes final good.

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