2) Which of the following items are included in GDP? For those items not included, explain why they are not included in GDP. You make your own pasta sauce in your apartment.You grow basil on your apartment balcony.You travel to France and buy wine and cheese.Arçelik produced 100,000 washing machines in 2019 but half of them remain unsold at the end of the year.A farmer’s product purchased by a restaurant to serve to customers.

Gross domestic product (GDP) is the monetary value of all goods and services produced within the…

Answered: Which of the following items are…

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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2) Which of the following items are included in GDP? For those items not included, explain why they are not included in GDP.

You make your own pasta sauce in your apartment.
You grow basil on your apartment balcony.
You travel to France and buy wine and cheese.
Arçelik produced 100,000 washing machines in 2019 but half of them remain unsold at the end of the year.
A farmer’s product purchased by a restaurant to serve to customers.

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