Scenario

$2023$ GDP

Included

Excluded

Larry$$s Lattes, a U$.$S$.$ coffee company, produces a latte at its location in Los Angeles on January $21,2023.$ It sells the latte to a customer immediately.

Rotato, a U$.$S$.$ tire company, produces a set of tires at a plant in Michigan on September $13,2023.$ It sells the set of tires to Speedmaster for use in the production of a two$-$door coupe that will be made in the United States in $2023.($Note: Focus exclusively on whether production of the set of tires increases GDP directly, and ignore the effect of production of the two$-$door coupe on GDP$.)$

Athena$$s$,$ a U$.$S$.$ shoe company, produces a pair of basketball shoes at a plant in Honduras on March $10,2023.$ Athena$$s imports the pair of basketball shoes into the United States on May $20,2023.$

Using wood from a red maple tree on your Michigan property you make a birdhouse in $2023.$ A similar birdhouse sells for $$55$ in a craft store.

Sleepytown, a Finnish furniture company, produces a bed frame at a plant in Virginia on December $5,2023.$ It sells the bed frame to a college student on December $24.$