7. the gross domestic product (GPD) excludes___ (select right answer)

a. the value of a new building

b. the values of new stocks and shares

c. government expenditure in a new bridge

14. gross private domestic investment consists of____. (select right answer)

a.spending by businessman on home furniture

b. net additions to business investors

c. spending by government on welfare benefits

d. spending by household on stocks and bond

17. If the value of exports equals $6.5 billion and the value of imports equals $8.0 billion in a year, then___. (select right answer)

a. together exports and imports add 6.5 billion to the GDP

b. together exports and imports reduce the gross domestic product (GDP) by 1.5 billion

c. together exports and imports add $14.5 billion to the GDP

d. together exports and imports add nothing to the GD