Which of the following is included in GDP? the market value of rental housing services, but not the market value of owner-occupied housing services. The market value of owner-occupied housing services, but not the market value of rental housing services. both the market value of rental housing services and the market value of owner-occupied housing services neither the market value of owner-occupied services nor the market value of rental housing services. Michigan Tea Company sold $15 million worth of tea it produced. In producing the tea it purchase million dollars worth of ingredient from foreign countries and paid workers who reside in coin mule to the U.S. $1 million. How much did these transaction add to U.S. GDP? $21 million $15 million $10 million $9 million The residents of country A cam $500 million of income from abroad. Residents of other million in country A. These earnings are accounted for in country A'S GNP which is larger than GDP in country A. GNP which is smaller than GDP in country A. GDP which is larger than GNP in country A. GDP which is smaller than GNP in country A. Social Security payments are included in GDP because they represent current income. included in GDP because they represent potential consumption. excluded front GDP because they ate not private pensions. excluded from GDP because they do not reflect the economy's production

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Answer: The third option is correct. Option C

Explanation:

This contains two different questions which are not properly written. The real question is in the image I attached.

The sum of total goods or services produced in a financial year domestically that is within a boundary of the country or geographical area is known as GDP.

If constructed earlier, housing units or housing services will not be included in the GDP and also market value is never taken into account.

Option C is correct as neither of them will taken into account while calculating GDP.

Ver imagen Chrisnando

A GDP includes both the market values of the rental housing services and all the market value of owner-occupied by the housing services. Hence the GPD is defined as the market value and services that ate made in the country during a specific time.

  • GDP of the nation is an important determinate of the stand of living and affects the common man distribution of income.
  • Hence the option C is correct.

Learn more about the included in GDP? the market value of the rental.

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