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3 . State whether each item below would be included or excluded from the measure of GDP and explain why. ( 1 2 points 3

3. State whether each item below would be included or excluded from the measure of GDP and explain why. (12 points 3 points for each part. 2 points for the answer and 1 point for the explanation)
a. Income received, a credit card or check payment, by a mechanic for servicing your car.
b. A person who works on their own car.
c. The purchase of 100 shares of corporate stock.
d. A $5 billion increase in business inventories.

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