Which of the following items are included in GDP? For those items not included, explain why they are not included in GDP.
a. Jane buys newly issued shares of stock in Macro.com, Inc.
b. Ross buys a new pair of jeans at a local department store.
c. Joey has his mustache trimmed at his hair salon.
d. Rachel buys an antique chest at a resale shop.
e. Monica makes her own pasta sauce in her apartment.
f. Phoebe grows her own herbs on her apartment balcony.
g. Michael travels to Austria and buys wine and cheese.

Question

Which of the following items are included in GDP? For those items not included, explain why they are not included in GDP. 
a. Jane buys newly issued shares of stock in Macro.com, Inc. 
b. Ross buys a new pair of jeans at a local department store. 
c. Joey has his mustache trimmed at his hair salon. 
d. Rachel buys an antique chest at a resale shop. 
e. Monica makes her own pasta sauce in her apartment. 
f. Phoebe grows her own herbs on her apartment balcony. 
g. Michael travels to Austria and buys wine and cheese.

Quizplus · Accepted Answer

The Answer of Which of the following items are included in GDP? For those items not included, explain why they are not included in GDP. 
a. Jane buys newly issued shares of stock in Macro.com, Inc. 
b. Ross buys a new pair of jeans at a local department store. 
c. Joey has his mustache trimmed at his hair salon. 
d. Rachel buys an antique chest at a resale shop. 
e. Monica makes her own pasta sauce in her apartment. 
f. Phoebe grows her own herbs on her apartment balcony. 
g. Michael travels to Austria and buys wine and cheese.

Which of the Following Items Are Included in GDP? for Those