Answer to Question #246618 in Macroeconomics for Juan

Question

Which of the following items would NOT be included in the calculation of GDP?

[1] purchase of electricity by a household for home use

[2] merchandise exports by local firms

[3] purchase of a used car by Thomas for personal use

[4] purchase of new bicycles by a bicycle rental firm

Answer 1

[3] purchase of a used car by Thomas for personal use