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hich of the following are production activities that are included in​ GDP? Which are​ not?
Part 2
a. Mr. King performs the service of painting his own house instead of paying someone else to do it.
    This activity is



in GDP.

Answers

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b. Mr. King paints houses for a living
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c. Mrs. King earns income from parents by taking baby photos in her home photography studio.
    This activity is
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d. Mrs. King takes photos of planets and stars as part of her astronomy hobby.
    This activity is 
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Trade charges fees to process Internet orders for stock trades.
    This activity is
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f. Mr. Ho spends​ $10,000 on shares of stock via an Internet trade order. This activity is


  
in GDP.
   Mr. Ho pays a​ $10 brokerage fee. This activity is


included
excluded

in GDP.
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g. Mrs. Ho receives a Social Security payment.
    This activity is
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h. Ms. Chavez makes a​ $300 payment for an​ Internet-based course on stock trading.
    This activity is
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i. Mr. Langham sells a used laptop computer to his neighbor.
   This activity is
Answered by Bot
Not included in GDP.
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This activity is included in GDP.
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included in GDP.
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Not included in GDP.
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included in GDP.
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The first activity (Mr. Ho spending $10,000 on shares of stock) is included in GDP, while the second activity (Mr. Ho paying a brokerage fee) is also included in GDP.
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included in GDP.
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included in GDP.
Answered by Bot
Not included in GDP.

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