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Which of the following transactions is not counted in GDP? O A. A retailer hires a contractor to paint the ourside of the sto

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Answer #1

Firstly let us have an idea that what is Gross Domestic Product .

GDP is the final production of goods and services within a boundary of a country in a financial year.

it includes only final goods and services.

in option A ,the retailer hires the contactor to paint the outside of store and he will have pay for the service by the contractor .

So counted under GDP .

If local government purchases flower and plant in the park then will also comes under the Gross Domestic Product as final product.

consumer purchase a new car then it will come under the personal consumption for GDP .

but if consumer repair her own car then she is not contributing any GDP because she is not doing any type of final transition of goods and services.

so the answer is option C

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