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Determine whether each of the following would be included in GDP, and explain why or why not. You buy a used CD from a friend.
- Determine whether each of the following would be included in GDP, and explain why or why not.
- You buy a used CD from a friend.
- You purchase a song from an online music provider like iTunes.
- You cook a romantic dinner for two on Valentine's Day.
- You buy a nice bottle of French wine to serve with dinner.
- You take your mom out to brunch on Mother's Day.
- The restaurant where you intend to go for brunch purchases strawberries, which it intends to serve at the brunch, from a local vendor.
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