Which of these scenarios would be included in GDP?     revenue from selling a four-year-old car     fees charged for a stock broker's services     receipts from selling land     value of a leaf-raking service provided by a 16-year-old as part of his chores

Economics: Private and Public Choice (MindTap Course List)
16th Edition
ISBN:9781305506725
Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Chapter7: Taking The Nation's Economic Pulse
Section: Chapter Questions
Problem 11CQ
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Which of these scenarios would be included in GDP?

   

revenue from selling a four-year-old car

   

fees charged for a stock broker's services

   

receipts from selling land

   

value of a leaf-raking service provided by a 16-year-old as part of his chores

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