Macro Unit 2.1 CW: GDP-Is It Counted and Where (Matching)

Last updated 7 months ago
2 questions
1
Draggable itemCorresponding Item
Woo-Hoo...Payday as I just cashed my 10 year Government Bond!
Excluded from GDP-Financial Asset and NOT production, Ownership of a Company
Wonder Bread Maker Buys Flour and Yeast for a Production of Bread
Excluded-Not Produced This Year
An arborist's purchase of a 5 year old chain saw
Excluded-Intermediate Good
SS Check Mr. Burbine's Grandmother receives in Boston
Included-Good or Service
Government Purchases a New Fleet of NightHawk Bombers
Included-Final Good
Income received from the sale of a Mars Candy Stock
Excluded from GDP-Transfer Payment
Stock Broker's Income for Buying Some Stocks for a Client
Excluded from GDP-Financial Asset and NOT production, Pays off with Maturity
An automotive technician buys a new set of tools made this year in Wyoming
Included-Fixed Investment
1

GDP: Is it counted? If so, which component?

Draggable itemCorresponding Item
You spend $75 on a date at the local Fondue restaurant.
Counted-Xn (Export)
Your a Junior in college and have decided to live off campus. Your rent is $1200 a month.
Counted-C, The right to occupy the location.
Mr. Burbine bought his house made in 1978.
Counted-I, Fixed Investment
Cookies-R-Us buys a new robot that adds frosting to 10,000 cookies an hour.
Counted-I
A family pays a contractor $250,000 to build them a new house.
Not Counted, Non Market Activity
Your neighbor is a stay-at-home caretaker for their elderly mother.
Not Counted, Not Made This Year
A citizen of Luxembourg buys a cutting board that was produces in Oregon.
Counted-I, Family Investment
Truck-Right, a company who specializes in producing Truck Beds, finds that their inventory of Truck Beds has grown from the start of the year.
Counted-C, Good and Service