Part 2: Practice- Identify if each of the following is an example of consumer spending (C), investment spending (1), government spending (G), net exports (XN), or not counted in GDP (NC). 6. A startup tech company buys new computers for its employees 7. You purchase a candy bar 8. The government issues a Social Security check to a retired real estate agent 9. The Ford Motor Company buys windshields to put on new cars in production 10. An American named Peter Parker buys a necklace in Italy 11 ._ The military purchases a new tank 12. Your uncle pays a contractor $600,000 to build a new house 13 Ford builds 100 cars in the U.S. that are sold to people in Canada 14. A motorcycle dealership has 10 brand new motorcycles that go unsold this year 15 An attorney offers to help her friend file legal paperwork for free Part 3: Put It All Together- The table below lists the costs and prices for four businesses involved in making, distributing, and selling bread. Use the information to answer the questions below. Cost of Inputs | Price of Output Farmer Fred $0 $0.50 Baker Bob $0.50 $1.50 Trucker Tom $1.50 $2.25 Retail Rob $2.25 $3.50 16. Calculate the GDP using value-added approach. Explain how you got your answer. 17. How much is the GDP using the expenditure approach? How is this process for calculating GDP different than the value-added approach