Which of the following is least likely to be included in calculating GDP by the sum-of-value-added method? a. The cash paid by a customer to purchase bread from the retailer b. Money spent by a construction worker on materials to build. c. Rental costs incurred by a retailer in storing goods for sale d. The money spent by a farmer in transporting the wheat to the miller
Which of the following is least likely to be included in calculating GDP by the sum-of-value-added method? a. The cash paid by a customer to purchase bread from the retailer b. Money spent by a construction worker on materials to build. c. Rental costs incurred by a retailer in storing goods for sale d. The money spent by a farmer in transporting the wheat to the miller
Chapter11: Gross Domestic Product
Section: Chapter Questions
Problem 2SQ
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Question
Which of the following is least likely to be included in calculating
a.
The cash paid by a customer to purchase bread from the retailer
b.
Money spent by a construction worker on materials to build.
c.
Rental costs incurred by a retailer in storing goods for sale
d.
The money spent by a farmer in transporting the wheat to the miller
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