Which of the following are included in the year’s GDP? which are excluded? Explain your answers 1. Interest received on an AT&T corporate bond 2. Social security payments received by a retired factory worker. 3. Income of a dentist from the dental services she provided. 4. The value of Galaxy chrome books produced by Samsung in New Jersey. 5. A Monthly allowance that a college student receives from home. 6. The publication and sale of a college textbook. 7. The cost of production of Nike shoes produced in Taiwan. 8. A $3 billion increase in business inventories. 9. The purchase of 100 shares of Tesla stock. 10. Molly buys a home which was built in 2019. 11. Kerry buys a new sweater to wear this winter. 12. The value of profits earned by Harley Davidson in Japan. 13. Coca-Cola builds a new bottling unit in the United states. 14. Income of a tax accountant working for H&R block. 15. The value of car batteries used in production of electric cars.

Economics: Private and Public Choice (MindTap Course List)
16th Edition
ISBN:9781305506725
Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Chapter7: Taking The Nation's Economic Pulse
Section: Chapter Questions
Problem 14CQ
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Which of the following are included in the year’s GDP? which are excluded? Explain your answers
1. Interest received on an AT&T corporate bond
2. Social security payments received by a retired factory worker.
3. Income of a dentist from the dental services she provided.
4. The value of Galaxy chrome books produced by Samsung in New Jersey.
5. A Monthly allowance that a college student receives from home.
6. The publication and sale of a college textbook.
7. The cost of production of Nike shoes produced in Taiwan.
8. A $3 billion increase in business inventories.
9. The purchase of 100 shares of Tesla stock.
10. Molly buys a home which was built in 2019.
11. Kerry buys a new sweater to wear this winter.
12. The value of profits earned by Harley Davidson in Japan.
13. Coca-Cola builds a new bottling unit in the United states.
14. Income of a tax accountant working for H&R block.
15. The value of car batteries used in production of electric cars.

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