Which of the following transactions would be included in GDP?There are 2 correct answers.1. $50 cash gift you gave to your friend in a given year.2. This month, you bought $1,500 worth of stocks in Facebook (whose headquarters are located in Menlo, CA).3. This year, Sara received $600 stimulus check from the government.4. You paid $20 for a haircut in Tustin, CA this week.5. This year, Peter bought a 10-year-old home in Pasadena, CA.6. Social security benefits sent to a retired worker in a given year.7. U.S. Unemployment benefts received this year by a newly laid-off workers.8. A check for $250 send by a parent to a son at a college in California.9. A check for $250 send by a parent to a son at a college in Canada.10. Häagen-Dazs, an American company, purchases milk to produce ice cream thisyear.11. BTS is performing in Las Vegas, Nevada this year. You purchased BTS's concerttickets for next month. Which of the following transactions would be included in GDP?(Select All that Apply)Helpful Hint: There are 2 correct answers.$50 cash gift you gave to your friend in a given year.This month, you bought $1,500 worth of stocks in Facebook (whoseheadquarters are located in Menlo, CA).This year, Sara received $600 stimulus check from the government.You paid $20 for a haircut in Tustin, CA this week.This year, Peter bought a 10-year-old home in Pasadena, CA.Social security benefits sent to a retired worker in a given year.U.S. Unemployment benefits received this year by a newly laid-off workers.verstA check for $250 send by a parent to a son at a college in California.A check for $250 send by a parent to a son at a college in Canada..Häagen-Dazs, an American company, purchases milk to produce ice cream thisyear.BTS is performing in Las Vegas, Nevada this year. You purchased BTS's concerttickets for next month.

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

Answered: Which of the following transactions…

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Which of the following transactions would be included in GDP?
There are 2 correct answers.
1. $50 cash gift you gave to your friend in a given year.
2. This month, you bought $1,500 worth of stocks in Facebook (whose headquarters are located in Menlo, CA).
3. This year, Sara received $600 stimulus check from the government.
4. You paid $20 for a haircut in Tustin, CA this week.
5. This year, Peter bought a 10-year-old home in Pasadena, CA.
6. Social security benefits sent to a retired worker in a given year.
7. U.S. Unemployment benefts received this year by a newly laid-off workers.
8. A check for $250 send by a parent to a son at a college in California.
9. A check for $250 send by a parent to a son at a college in Canada.
10. Häagen-Dazs, an American company, purchases milk to produce ice cream this
year.
11. BTS is performing in Las Vegas, Nevada this year. You purchased BTS's concert
tickets for next month.

Which of the following transactions would be included in GDP?
(Select All that Apply)
Helpful Hint: There are 2 correct answers.
$50 cash gift you gave to your friend in a given year.
This month, you bought $1,500 worth of stocks in Facebook (whose
headquarters are located in Menlo, CA).
This year, Sara received $600 stimulus check from the government.
You paid $20 for a haircut in Tustin, CA this week.
This year, Peter bought a 10-year-old home in Pasadena, CA.
Social security benefits sent to a retired worker in a given year.
U.S. Unemployment benefits received this year by a newly laid-off workers.
verst
A check for $250 send by a parent to a son at a college in California.
A check for $250 send by a parent to a son at a college in Canada..
Häagen-Dazs, an American company, purchases milk to produce ice cream this
year.
BTS is performing in Las Vegas, Nevada this year. You purchased BTS's concert
tickets for next month.

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