Which of the following are included or excluded in this year\'s GDP? a. Interest
ID: 1102103 • Letter: W
Question
Which of the following are included or excluded in this year's GDP?
a. Interest received on an AT&T corporate bond
b. Social security payments received by a retired factory worker
c. The unpaid services of a family member in painting the family home
d. Income of a dentist from the dental services provided
e. A monthly allowance a college student receives from home
f. Money received by Josh when he resells his nearly brand-new Honda automobile to Kim
g. The publication and sale of a new college textbook
h. An increase in leisure resulting from a 2-hour decrease in the length of the workweek, with no reduction in pay
i. A $2 billion increase in business inventories
j. The purchase of 100 shares of Google common stock
Explanation / Answer
The following are included
a. Interest received on an AT&T corporate bond
b. Social security payments received by a retired factory worker
d. Income of a dentist from the dental services provided
g. The publication and sale of a new college textbook
i. A $2 billion increase in business inventories
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