Which of the following transactions is excluded from gross domestic product? O Julian, a public school teacher, receives a paycheck. O Francis receives her social security check. Francis buys ice-cream at a local grocer. O John buys 55 cent tacos at a food truck. Pablo sells and ships a book to a foreign buyer.

Survey of Economics (MindTap Course List)
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ISBN:9781305260948
Author:Irvin B. Tucker
Publisher:Irvin B. Tucker
Chapter11: Gross Domestic Product
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Which of the following transactions is excluded from gross domestic product?
O Julian, a public school teacher, receives a paycheck.
Francis receives her social security check.
Francis buys ice-cream at a local grocer.
O John buys 55 cent tacos at a food truck.
Pablo sells and ships a book to a foreign buyer.
Transcribed Image Text:Which of the following transactions is excluded from gross domestic product? O Julian, a public school teacher, receives a paycheck. Francis receives her social security check. Francis buys ice-cream at a local grocer. O John buys 55 cent tacos at a food truck. Pablo sells and ships a book to a foreign buyer.
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