Which one of the following actions or transactions would be included in GDP? Select all correct answers. O A university student pays for a Lyft ride between the airport and campus. O Prescription opioids (powerful painkillers) are sold illegally on the black market. An automotive oompany builds a car that doesn't sell in the year in which it is produced. O A middle-aged accountant spends their evenings and weekends caring for an elderly parent.

Can you do d,e, and f

Which of the following are included in the year’s GDP? which are excluded? Explain your answers Coca-Cola builds a new bottling unit in the United states. Income of a tax accountant working for H&R block. The value of car batteries used in production of electric cars.

Who helps calculate GDP in the United States? O the Census Bureau the Bureau of Economic Analysis the Bureau of Labor Statistics all of the above none of the above

What Are some of the shortcomings of the GDP

Adam lives in California and, after graduating college, opened up an ice cream business on the Venice Beach boardwalk. Which items are not counted in GDP? Select all that apply and explain why each of the items you selected is not counted in GDP. a. Adam purchases a new sub-zero refrigerator for his ice cream shop. b. The neighborhood kids broke Adam's window at the ice cream shop during a baseball game. Adam replaces the window. c. After a successful summer, Adam travels to Egypt to visit the Red Sea. d. Adam sells his used accounting textbook to his best friend Billy. e. Adam spends a Saturday afternoon mowing his elderly neighbor's lawn. He earns $100 cash that day.

Do you think that economists should place a dollar value on “goods” and “bads” when computing GDP?

Which of the following is a way to compute GDP?

Can you do a,b, and c

what is meant by the concept of "value added" and how it can be used to calculate GDP