00:01
So which of the following are included in gdp and which of the following are not? so first of all we have to know what the gdp is to know what's included in it and what's not.
00:11
And the gdp represents the total production of goods and services of a nation within its domestic borders.
00:20
So now we can tell which is included in the gdp and which are not.
00:24
So the first one is the cost of hospital states.
00:27
The cost of hospital states is included as is production of finance services provided by the doctors are in the hospital.
00:36
So the cost of hospital states are included.
00:54
The second question is the rise in life expectancy over time.
01:03
The rise in life expectancy over time is not included in the gdp in the gdp because, because the several indicators of life expectancy is like the health of humans, their environments are not, they're not involved in gdp.
01:18
So the rise in life expectancy over time is not included.
01:43
The next one is child care provided by a licensed day care center.
01:49
So the childcare provided by a licensed day care center would be included as it is the final service provided by them in the return of money.
02:07
Because they provide a service in return of money...