Macroeconomics
Macroeconomics
13th Edition
ISBN: 9781337617390
Author: Roger A. Arnold
Publisher: Cengage Learning
Question
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Chapter 7, Problem 2QP

 (a)

To determine

Explain whether the family lawn is included in GDP or not.

 (b)

To determine

Explain whether the GDP includes the used car or not.

 (c)

To determine

Identify bond issued by General motors is included in GDP or not.

 (d)

To determine

Identify the receipt of a social security payment is included in GDP or not.

 (e)

To determine

Identify the illegal drug transaction is included in GDP or not.

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