Which of the following goods would be included in the calculation of gross domestic product? Select the two correct answers.
a
Steel sold to an automobile manufacturer.
b
Lumber sold to construction firms.
c
Notebooks sold to students.
d
French fries sold to customers at a restaurant.
e
Chemicals sold to pharmaceutical developers.
a and b
The two correct answers that would be included in the calculation of gross domestic product (GDP) are:
a. Steel sold to an automobile manufacturer.
b. Lumber sold to construction firms.