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Wednesday, 01 July 2026
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Which activity is excluded from GDP calculations?

Which activity is excluded from GDP calculations?
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Banking services production
  • B Agricultural crop production
  • C Transfer payment activities
  • D Factory production output
Correct Answer: Option C
Explanation:
Transfer payments such as pensions and unemployment benefits are excluded because they are not payments for current production.

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