Question

    Which of the following components is NOT included in the

    calculation of Gross Domestic Product (GDP)?
    A Government spending Correct Answer Incorrect Answer
    B Imports Correct Answer Incorrect Answer
    C Investment Correct Answer Incorrect Answer
    D Social welfare programs Correct Answer Incorrect Answer

    Solution

    GDP calculation typically includes government spending, imports, and investment but does not directly account for social welfare programs.

    Practice Next