SECTION A: GDP and Growth (10 marks)

QUESTION A1

For each of the following indicate whether it would be included or not included in the calculation of GDP in the current year AND why or why not.

1. A plumber purchases a new bathroom sink to fit into a client's bathroom renovation.
2. A new power tool purchased by the same plumber to use for work.
3. A used car purchased by the same plumber to travel to and from work.
4. Estate agent fees for the sale of a house built in 2010 which is sold in 2021
5. Government payment of salaries to public servants
6. Government payment for the purchase of computer equipment for a government office
7. Sushi rolls purchased by a student for lunch
8. Company shares purchased by a household