Question: Attempts Keep the Highest / 2 2 . Activities included ( and not included ) in the calculation of GDP The gross domestic product (

Attempts
Keep the Highest /2
2. Activities included (and not included) in the calculation of GDP
The gross domestic product (GDP) of the United States is defined as the
all
in a given period
Based on this definition, indicate which of the following transactions will be included in (that is, directly increase) the 2023.
Using wood from a red maple tree on your Michigan property you make a birdhouse in 2023. A similar birdhouse sel for $55 in a craft store.
Sleepytown, a Finnish furniture company, produces a bed frame at a plant in Virginia on December 12,2023. It sells bed frame to a college student on December 24.
Generic Motor Company, a U.S. automobile company, produces a pickup truck at a manufacturing facility in Lordstow on January 18,2023. It sells the car at a dealership in Philadelphia on February 14,2023.
Graincorp, a U.S. agricultural company, produces corn syrup at a plant in Iowa on September 19,2023. It sells the syrup to Crunchy's for use in the production of cereal that will be made in the United States in 2023.(Note: Focus exclusively on whether production of the corn syrup increases GDP directly, and ignore the effect of production of the cereal on GDP.)
Gamewear, a U.S. electronics company, produces a VR headset at a plant in South Korea on March 4,2023. Gamewe imports the VR headset into the United States on May 28,2023.
Attempts Keep the Highest / 2 2 . Activities

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