Help with macroecon?

Question

Which of the following statements is FALSE?

GDP measures the market value of final goods and services produced during a particular time period.

Transfers of used goods are not included in GDP.

Private transfer payments, such as an inheritance, are included in the GDP.

If statisticians counted intermediate goods, the estimate of GDP would be too high.

Answer 1

3) Private transfer payments, such as an inheritance, are included in the GDP. - this one is false because it doesn't add value but just is transfer of ownership.