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A BC company produced the some goods and services during the month: 1million kilograms of food, 22 00 shoes 12 000 hours of services. If

A BC company produced the some goods and services during the month: 1million kilograms of food, 22 00 shoes 12 000 hours of services. If $2 per kilogram of food, $ 30 per pair of shoes, and $35 per hour of services, Calculate the value of this output.

Which of the following are counted in this years expenditure-based estimates of GDP? Explainyour answer in each case.

aA bought a new copy machine during the year for its copying business.

bLily's family bought a foreign-made boat from a second-hand boat dealer.

cLee purchased 60 shares of BHP Billiton stock as part of a new share offering by thecompany.

dJack received his unemployment benefits.

eEstate agents sold a second-hand house and charged a sales commission on the deal.

fDue to increased air and water pollution, an expensive clean-up operation is contracted outby the government to a private company.

gSome previously illegal forms of gambling are legalised in all states.

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