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Q5. Determine whether each of the following would or would not be included in the calculation of the current year's GDP and indicate under which

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Q5. Determine whether each of the following would or would not be included in the calculation of the current year's GDP and indicate under which category the transaction belongs. Briefly explain why or why not the item should or should not be counted [each part a - (, is worth 2 marks] a. An increase in spending on non-residential construction. b. Interest earned on a Government of Canada Bond. c. Monthly rent on a two-bedroom apartment. d. The purchase of Chinese-produced software by firms in Canada. e. The value of clean air. f. You purchase $5,000 worth of Apple Inc. stock. g. The money received when Madison sells her 2017 Audi automobile to her friend Megan. h. The money the Government of Nova Scotia spends in the form of social assistance payments (social welfare). i. A $2 billion increase in business inventories

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