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For each of the following transaction, determine whether the transaction can be counted as the GDP of the United States of year 2010. Briefly explain

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For each of the following transaction, determine whether the transaction can be counted as the GDP of the United States of year 2010. Briefly explain your answer, i.e. why and why not? 1. John sold a year-2000 Ford Taurus to Mary for $1000 in June 2010. No, this is not included in GDP as there is no production of any good or services in this case, there is only a sales transaction. 2. Mcdonald fast food chain bought $4,000 worth of ground beef in Dec 2010

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