which of the following is most likely included in gross domestic product?
a. Mart gives his secondhand bicyele to his brother b. Sal paints his own bicycle. c. Ali buys a new bicycle d. Mike buys a share of stock in a bicycle firm e. Daniel bikes to school every day

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26-10-2022
Business

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which of the following is most likely included in gross domestic product?
a. Mart gives his secondhand bicyele to his brother b. Sal paints his own bicycle. c. Ali buys a new bicycle d. Mike buys a share of stock in a bicycle firm e. Daniel bikes to school every day

Answer :

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shivanijain4931 shivanijain4931 · Answer 1 · 2022-10-27T14:38:34-04:00

c. Ali buys a new bicycle is most likely included in gross domestic product.

Gross domestic product is a economic measure of the marketplace cost of all the final goods and offerings produced and offered in a specific time period via nations. because of its complex and subjective nature this measure is often revised earlier than being considered a dependable indicator.

GDP measures the economic fee of very last items and offerings—that is, those which can be bought by using the final consumer—produced in a rustic in a given time frame (say 1 / 4 or a 12 months). It counts all of the output generated within the borders of a country.

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which of the following is most likely included in gross domestic product? a. Mart gives his secondhand bicyele to his brother b. Sal paints his own bicycle. c. Ali buys a new bicycle d. Mike buys a share of stock in a bicycle firm e. Daniel bikes to school every day

Answer :

Other Questions

which of the following is most likely included in gross domestic product?
a. Mart gives his secondhand bicyele to his brother b. Sal paints his own bicycle. c. Ali buys a new bicycle d. Mike buys a share of stock in a bicycle firm e. Daniel bikes to school every day