Which of the following are included in GDP, and which are not? a. The cost of hospital stays b. The rise in life expectancy over time c. Child care provided by a licensed day care center d. Child care provided by a grandmother e. A used car sale f. A new car sale g. The greater variety of cheese available in supermarkets h. The iron that goes into the steel that goes into a refrigerator bought by a consumer

Q: Identify as included or not included in gdp You buy a classic 1965 Ford Mustang that is in perfect…

A: GDP is the value of all final goods and services produced in an economy over a period of time. It…

Q: Which of the following would not be counted in the calculation of GDP? Select all that apply. A.…

A: A commonly used economic indicator that estimates the total valuation of all final products produced…

Q: ate what components of GDP (if any) each of the following transactions would affect. Check all that…

A: The GDP is comprised of four elements, which includes the personal consumption, business investment,…

Q: Gross Domestic Product (GDP) in 2011 would include which of the following transactions?  (A) The…

A: Gross domestic product (GDP) is the final monetary value of goods and services produced in a given…

Q: Question 34 Which of the following would be not be included in the GDP of the U.S.? There is more…

A: Disclaimer: As per Bartelby guidelines, unless specifically mentioned for multiple question types,…

Q: Which of the following does NOT add to U.S. GDP?a. Boeing manufactures and sells a plane to…

A: The Gross Domestic Product (GDP) is the summation of the final value of all the final goods and…

Q: Which of the following are included in this year’s GDP? Explain your answer in each Rent received on…

A: GDP: GDP or Gross Domestic Product computes the health of an economy. A country with greater GDP per…

Q: What components of GDP (if any) would each of the following transactions affect? Explain. (a) Aunt…

A: We are going to answer these questions keeping Gross Domestic Product's definition as a primary…

Q: Which of the following is included in GDP? Group of answer choices the value of lawn care service…

A: Gross domestic product (GDP): - GDP is the market value of all final goods and services produced in…

Q: Which of the following transactions should or should not be counted in GDP? Answer Yes or No and…

A: We shall answer the first three subparts only. Please resubmit the other parts separately in case…

Q: Which of the following are included in this year’s GDP? Which are excluded or included.        a.…

A: "Since you have asked multiple questions, we will solve first question for you .. If you want any…

Q: An economy produces only food and fun. The table shows the quantities produced and prices in 2018…

A: Value of 2019 production in 2018 prices = Quantity of food (2019) * Price of food(2018) + Quantity…

Q: Determine if the following items enter the GDP calculation, and briefly explain WHy. (H the factors…

A: a) Increase of women in labour force participation would mean that higher number is women are taking…

Q: Which of the following are included in GDP, and which are not? a. The cost of hospital stays b. The…

A: Hello. Since your question has multiple sub-parts, we will solve the first three sub-parts for you.…

Q: Which of the following is not included in gdp?

A: Option B Imports are not included in GDP. Imports are substracted from Exports to calculate Net…

Q: Which of the following is not counted as part of GDP? Group of answer choices the purchase of a snow…

A: GDP: It is used for measuring the final value of goods and services produced in the country in a…

Q: What components of GDP (if any) would each of the following transactions affect? Explain.   Uncle…

A: Hey,thank you for your question, since you have posted multiple sub parts we will answer the first…

Q: How might you calculate GDP for schools? What products would you include? Which ones would you…

A: The Gross Domestic Product (GDP) is basically refers to the sum of all value contributed in a given…

Q: Which of the following acts are included in official gross domestic product (GDP) calculations? Dan…

A: The gross domestic product is an economic term which sometimes is also called GDP, it can be defined…

Q: An economy produces only food and fun. The table shows the quantities produced and prices in 2018…

A: Value of 2018 production at 2019 prices = Quantity of food (2018) * price of food (2019) + Quantity…

Q: Which of the following are included in the year’s GDP? which are excluded? Explain your answers…

A: GDP comprises of expenditure carried out by domestic or foreign players on the production of…

Q: What are the benefits should we get by calculating GDP?

A: The Gross Domestic Product (GDP) measures the market value of all the final goods and services…

Q: Which of the following transactions would be included in GDP? There are 2 correct answers. 1. $50…

A: Gross domestic product (GDP) is the market value of goods and services that are produced in the…

Q: What is GDP (Gross Domestic Product), and how is it calculated?

A: Gross Domestic Product (GDP) is the concept of macroeconomics, used for measuring national income.…

Q: Which of the following would be captured and included in the calculation of GDP? The cost of…

A: The gross domestic product (GDP)  refers to the money value or market value of all the finished or…

Q: The following table shows some data for an economy that produces only two goods: milk and honey.…

A: The objective of the question is to calculate the percentage change in nominal GDP, real GDP, and…

Q: What counts as GDP (I)?

A: GDP is a macroeconomic measure that is used to determine the total aggregate production in a…

Q: Which of the following transactions are or are not included in GDP? 1. The pollution created when…

A: 1)Not included in GDP Because externalities does not account for GDP. 2)Not included in GDP Because…

Q: A farmer grows a bushel of wheat and sells it to a miller for $1.00. The miller turns the wheat into…

A: GDP is the gross domestic product which is the value of total goods and services produced in an…