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5 March, 17:28

Categorize each statements as a component of Gross Domestic Product (GDP) : consumption, investment, government, or net exports. If it is not included in GDP, leave it unplaced. a. A domestically manufactured personal computer

b. 55 cent tacos

c. government welfare payments

d. the purchase of company stock

e. a ticket to a local sporting event

f. babysitting paid for in cash and unreported

g. A public school teacher's salary

h. A domestically manufactured business computer

i. Ice cream

j. An exported dollhouse

k. Cab fare for personal use

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  1. 5 March, 17:30
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    Consumption:

    (i) ice cream

    (a) a domestically manufactured personal computer

    (k) cab fare for personal use

    (b) 55 cent tacos

    (e) a ticket to a local sporting event

    Investment:

    - (h) A domestically manufactured business computer.

    Government:

    (g) A public school teacher's salary

    (c) Government welfare payments

    Net Exports:

    (j) An exported doll house

    Items that does not come under GDP

    (d) The purchase of company stock

    (f) Babysitting paid for in cash and unreported
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