Please help me to answer the following questions:

Which of the following isnotincluded in GDP?

• a. the value of the restoration of an old painting
• b. interest payments on the national debt
• c. the cost of a new vending machine
• d. government expenditure on a new bridge
• a purchase of legal services by a household

A surplus of shoes will cause

• a. a decrease in the supply of shoes
• b. a decrease in the demand for shoes
• c. both a decrease in the supply of shoes and an increase in the demand for shoes
• d. a decrease in the price of shoes, through a shift of either the supply curve or the demand curve
• e. a decrease in the price of shoes

The longest U.S. expansion on record lasted ten years, from

• a. April 1854 to April 1864
• b. March 1991 to March 2001
• c. December 1997 to December 2007
• d. September 1929 to September 1939
• e. February 1961 to February 1971

Thank you very much!