A mobile dealer sells counterfeit models of iPhones. Is this taken into account while calculating GDP?

Yes

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Yes, but only if the number of phones sold is less than 10.

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Yes, but only if the number of phones sold is more than 10.

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Solution

The correct option is B
No

No, this activity is not included regardless of the number, because this is illegal and is a black market activity.

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A mobile dealer sells counterfeit models of iPhones. Is this taken into account while calculating GDP?

The correct option is B No No, this activity is not included regardless of the number, because this is illegal and is a black market activity.

The correct option is B
No

No, this activity is not included regardless of the number, because this is illegal and is a black market activity.