Which of the following is considered a service in the calculation of gdp?
A)Tax preparation.
b) Photographs.
c) Reclining chairs.
d) Automobile

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eooyibo123 eooyibo123 · Answer 1 · 2020-09-09T05:21:35+02:00

Answer:

A)Tax preparation

Explanation:

Gross domestic product is the sum total of all goods and services produced by a country within a given period.

Goods are tangible products that are produced by the country and in this scenario includes photographs, reclining chairs, and photographs.

Services on the other hand are those intangible actions that produce value to the end user. An example of service is tax preparation.

If an individual requires his taxes to be prepared but does not have the skill to do it. They will hire someone to do it and pay for the service.

PhantomWisdom PhantomWisdom · Answer 2 · 2022-01-20T08:54:08+01:00

A) Tax preparation

The gross domestic product (GDP) is a monetary indicator of the market value of all final products and services produced over a given period of time.
GDP is estimated by summing all of the money spent in a given period by consumers, corporations, and the government.
A) Tax preparation is considered a service in the calculation of GDP.

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