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Directions: Use the categories below to identify the items in each of the examples given, and decide whether each item is counted or not. Included

Directions: Use the categories below to identify the items in each of the examples given, and decide whether each item is counted or not.

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Included in GDP C - consumer spending | - investment spending G - government spending on goods and services X - net exports [exports minus imports} Excluded in GDP U - used {not produced this Year} N - non-market or underground activities T - transfers (gifts or payments not in exchange for goods or services] IN - intermediate goods [used to produce other goods for

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