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Which of the following transactions would not be counted in GDP? Explain your an

ID: 1240179 • Letter: W

Question

Which of the following transactions would not be counted in GDP? Explain your answers. General Motors issues new shares of stock to finance the construction of a plant. General Motors builds a new plant. Company A successfully launches a hostile takeover of company B, in which company A purchases all the assets of company B. Your grandmother wins $10 million in the lottery. You buy a new copy of this textbook You buy a used copy of this textbook. The government pays out Social Security benefits. A public utility installs new antipollution equipment in its smokestacks. Luigi's Pizza buys 30 pounds of mozzarella cheese, holds it in inventory" for 1 month, and then uses it to make pizza (which it sells). You spend the weekend cleaning your apartment. A drug dealer sells $500 worth of illegal drugs.

Explanation / Answer

j cleaning apartment will not effect GDP

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