GDP

1. You buy a Christmas toy at Walmart. (toy was made in USA) ( Does it count in U.S. GDP) (If yes which category) ( If No: Which exclusion?)

consumption

investment

Goverment

Net exports

2.You spend a week painting your home. ( Does it count in U.S. GDP) (If yes which category) ( If No: Which exclusion?)

consumption

investment

Goverment

Net exports

3.Your parents pay you to babysit your siblings. ( Does it count in U.S. GDP) (If yes which category) ( If No: Which exclusion?)

consumption

investment

Goverment

Net exports

4.You buy a used 1965 Ford Mustang. ( Does it count in U.S. GDP) (If yes which category) ( If No: Which exclusion?)

consumption

investment

Goverment

Net exports

5.Ford Car Company buys 100 tons of steel for use in car frames. ( Does it count in U.S. GDP) (If yes which category) ( If No: Which

exclusion?)

consumption

investment

Goverment

Net exports

6.Menlo-Atherton High School (a public school) hires 10 new teachers.( Does it count in U.S. GDP) (If yes which category) ( If No: Which

exclusion?)

consumption

investment

Goverment

Net exports

7.Ford Motor Company buys 100 robots for use in an assembly line.( Does it count in U.S. GDP) (If yes which category) ( If No:Which

exclusion?)

consumption

investment

Goverment

Net exports

8.Nike produces shoes in factories in Bangladesh ( Does it count in U.S. GDP) (If yes which category) ( If No:Which

exclusion?)

consumption

investment

Goverment

Net exports

9.Aeromxico purchased several Boeing airplanes (made in the USA) ( Does it count in U.S. GDP) (If yes which category) ( If No:Which

exclusion?)

consumption

investment

Goverment

Net exports

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1. You spend $7 to attend a movie. (which category) Effect on GDP (Increase/Decrease)

consumption

investment

Goverment

Net exports

2.Worried about a recession, people begin saving more money (which category) Effect on GDP (Increase/Decrease)

consumption

investment

Goverment

Net exports

3.People are travelling less due to Covid-19. (which category) Effect on GDP (Increase/Decrease)

consumption

investment

Goverment

Net exports

4.Worried about a budget deficit, the government buys fewer military planes (which category) Effect on GDP (Increase/Decrease)

consumption

investment

Goverment

Net exports

5.Tax cuts give businesses incentives to buy more computers. (which category) Effect on GDP (Increase/Decrease)

consumption

investment

Goverment

Net exports

6.Higher prices in the U.S. encourage Americans to buy foreign goods. (which category) Effect on GDP (Increase/Decrease)

consumption

investment

Goverment

Net exports

7.The government builds more bridges in California. (which category) Effect on GDP (Increase/Decrease)

consumption

investment

Goverment

Net exports