?

AP® Macroeconomics

Free Version

Upgrade subject to access all content

Easy

Calculating GDP

APMACR-O1YY4O

Which of the following are included in the calculation of GDP?

I. Welfare payments

II. Haircut from a Salon

III. Purchase of a used home

A

I only

B

II only

C

III only

D

I and II

E

II and III