What does the GDP exclude?

Answer:

8. Which of the following would be included in the GDP? Explain why or why not in each case. The explanation matters a great deal. (9 points)

a. Paving your own driveway, yourself:

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b. Buying an old lawnmower from the Goodwill:

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c.The disappearance of certain bird species:

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d. MIT adds new research to its table:

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e. Earning a commission on selling refurbished cellphones:

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f. 1.9% interest earned on a CD:

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g. AT&T pays dividends:

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h. Buying cannabis from an unlicensed grower and distributor. Someone off the grid:

Answer:

i. Withdrawing money from your savings account:

Answer: