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GDP is the value of all the goods and services produced in the country in one year. Money earned outside of the country is not included.

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14y ago

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What gets included and excluded when calculating GDP?

total income and total expenditure are included when calculating GDP.


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A farmer purchase of a new tractor it is included or excluded to the gross domestic and if it is a excluded or included why it is


Is Cash received from selling a corporate bond included or excluded in calculating this year's GDP?

Cash received from selling a corporate bond is excluded from this year's GDP calculation. GDP measures the value of goods and services produced within a country during a specific period, and financial transactions like bond sales do not reflect new production. Instead, they represent a transfer of ownership of an existing financial asset. Only the interest income generated from the bond would be included in GDP as it reflects production activity.


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What is another word for not included?

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Transfer payments are excluded from government purchases in GDP accounting because?

they are difficult to measure


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