2. (LO 3) Indicate which of the following are productive activities (P) and which are nonproductive (N).

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2. (LO 3) Indicate which of the following are productive activities (P) and which are nonproductive (N). Then indicate which of them are included (I) in national income statistics and which are excluded (Ex).

a) the sale of 100 shares of EA Sports

b) child care at home

c) a person employed by the Tumbleweed Day Care Centre

d) the time spent by a person volunteering time at a local hospital

e) the money spent to renovate a storefront for a new retail business

f) the time spent by a householder to renovate a garden shed

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Principles Of Macroeconomics

ISBN: 9780226818399

8th Edition

Authors: Sayre, J.E.; Morris, A.J.

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