Which of the following transactions is not counted in GDP? A. Upper A retailer h

Question

Which of the following transactions is not counted in GDP? A. Upper A retailer hires a contractor to paint the ourside of the store.A retailer hires a contractor to paint the ourside of the store. B. The state government pays for highway construction.The state government pays for highway construction. C. Upper A consumer purchases illegal goods from a street vendor.A consumer purchases illegal goods from a street vendor. D. Upper A consumer purchases a trip to California.A consumer purchases a trip to California.

Explanation / Answer

A consumer purchases illegal goods from a street vendor, this is not counted in GDP because there is not official document for this transaction.

A retailer hires a contractor to paint the ourside of the store, this is counted because there will be a official record.

The state government pays for highway construction, is counted in GDP because it is government spending.

A consumer purchases a trip to California, this is counted because there is a record.

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