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Which of the following examples would NOT be counted in GDP? La Bodega restaurant buys NEW furniture for their outdoor patio. The Government builds a NEW Federal courthouse. The United States buys a NEW TV from Japan. A college student buys an OLD Model 2019 Honda Civic to drive to school and work.

Pergunta

Which of the following examples would NOT be counted in GDP?
La Bodega restaurant buys NEW furniture for their outdoor patio.
The Government builds a NEW Federal courthouse.
The United States buys a NEW TV from Japan.
A college student buys an OLD Model 2019 Honda Civic to drive to school and work.

Which of the following examples would NOT be counted in GDP? La Bodega restaurant buys NEW furniture for their outdoor patio. The Government builds a NEW Federal courthouse. The United States buys a NEW TV from Japan. A college student buys an OLD Model 2019 Honda Civic to drive to school and work.

Solução

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MarcosElite · Tutor por 8 anos

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Explicação

## Step 1
Gross Domestic Product (GDP) is a measure of the total value of all goods and services produced within a country during a specific period. It includes all new goods and services produced within the country, regardless of whether they are consumed domestically or exported.

## Step 2
In the given options, the first three scenarios involve the purchase of new goods or services. The restaurant buying new furniture, the government building a new courthouse, and the United States buying a new TV from Japan all involve the production of new goods or services.

## Step 3
However, the last scenario involves the purchase of an old Model 2019 Honda Civic. This car is not a new good or service, as it was produced in the past. Therefore, it does not contribute to the GDP.
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