Question: Answer all questions please including fill ins for 8 QUESTION 8 A new house built in Buffalo, NY (belongs/doesn't belong) in this year's GDP because

Answer all questions please including fill ins for 8

Answer all questions please including fill ins for 8 QUESTION 8 A

QUESTION 8 A new house built in Buffalo, NY (belongs/doesn't belong) in this year's GDP because it is a (intermediate/final) good, bought in a market, made inside the US' border this year You buy a brand new pair of shoes and find that there are shoelaces included in the box. The shoelaces are new and (intermediate/final) goods, so they (belong/don't belong) in this year's GDP Bread (belongs/doesn't belong) in the CPI, and toasters (belong/don't belong) because the average consumer (buys/doesn't buy) bread, and (buys/doesn't buy) toasters QUESTION 9 Using the data below, what is the value of the CPI for the current year? base year currentyear P Q P Q Bread $7.42 20 $5.31 20 Butter $8.61 18 $3.47 18 Round to two (2) decimal places if necessary 54.78 QUESTION 10 In 2007, the median cost of a new home was $235,500 (source: https://www.census.gov/const/uspricemon.pdf). If the CPI in 2007 was 100, and the CPI in 2017 was 144.92, what would the cost of a new home in 2007 be in 2017 dollars? Do not include a dollar sign in your answer. Round your answer to two (2) decimal places if necessary

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