hich of the following are production activities that are included in​ GDP? Which are​ not?

Question

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.

Answer 1

Not included in GDP.

Answer 2

b. Mr. King paints houses for a living

Answer 3

This activity is included in GDP.

Answer 4

c. Mrs. King earns income from parents by taking baby photos in her home photography studio.
    This activity is

Answer 5

included in GDP.

Answer 6

d. Mrs. King takes photos of planets and stars as part of her astronomy hobby.
    This activity is 

Answer 7

Not included in GDP.

Answer 8

Trade charges fees to process Internet orders for stock trades.
    This activity is

Answer 9

included in GDP.

Answer 10

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.

Answer 11

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.

Answer 12

g. Mrs. Ho receives a Social Security payment.
    This activity is

Answer 13

included in GDP.

Answer 14

h. Ms. Chavez makes a​ $300 payment for an​ Internet-based course on stock trading.
    This activity is

Answer 15

included in GDP.

Answer 16

i. Mr. Langham sells a used laptop computer to his neighbor.
   This activity is

Answer 17

Not included in GDP.