Question

which of the following is not included in GDP??​

Answer 1

Answer:

Here is a list of items that are not included in the GDP: Sales of goods that were produced outside our domestic borders. Sales of used goods. Illegal sales of goods and services (which we call the black market)

Answer 2

The following factors are not included in GDP-

1. Goods that are turned into final products later, also known as intermediate goods are not included in the calculation of gross domestic product or (GDP). For example, sugarcane turned into sugar.

2. Transfer payments, donations, and gifts are not included in GDP. These services do not expect any service or payment in return. It is a one-way exchange.

3. Goods produced in the black market or products which are illegal are not included in GDP.