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Which of the following are included or excluded in this year\'s GDP? a. Interest

ID: 1102103 • Letter: W

Question

Which of the following are included or excluded in this year's GDP?

a. Interest received on an AT&T corporate bond

b. Social security payments received by a retired factory worker

c. The unpaid services of a family member in painting the family home

d. Income of a dentist from the dental services provided

e. A monthly allowance a college student receives from home

f. Money received by Josh when he resells his nearly brand-new Honda automobile to Kim

g. The publication and sale of a new college textbook

h. An increase in leisure resulting from a 2-hour decrease in the length of the workweek, with no reduction in pay

i. A $2 billion increase in business inventories

j. The purchase of 100 shares of Google common stock

Explanation / Answer

The following are included

a. Interest received on an AT&T corporate bond

b. Social security payments received by a retired factory worker

d. Income of a dentist from the dental services provided

g. The publication and sale of a new college textbook

i. A $2 billion increase in business inventories

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