Question: Homework (Ch 10) Back to Assignment Attempts Keep the Highest / 2 2. Activities included (and not included) in the calculation ofGDP The gross domestic

 Homework (Ch 10) Back to Assignment Attempts Keep the Highest /

Homework (Ch 10) Back to Assignment Attempts Keep the Highest / 2 2. Activities included (and not included) in the calculation ofGDP The gross domestic product (GDP) of the United States is defined as the all in a given period of time. Based on this definition, indicate which of the following transactions will be included in (that is, directly increase) the GDP of the United States in 2023. 2023 GDP Scenario Included Excluded The Wilson family buys an antique serving platter at an auction in upstate New York on March 11, 2023. O O Cleancutters, a U.S. lumber company, produces wood at a plant in Oregon on September 25, 2023. It sells the wood to Buildit and Partners, a developer, for use in the production of a new house that will be built in the United States in O 2023. (Note: Focus exclusively on whether production of the wood increases GDP directly, and ignore the effect of O production of the new house on GDP.) Thickburger, a U.S. fast-food company, produces a double cheeseburger at one of its many locations throughout the O O midwest on January 6, 2023. It sells the double cheeseburger to a customer that same day. Gamewear, a U.S. electronics company, produces a VR headset at a plant in South Korea on March 11, 2023. O O Gamewear imports the VR headset into the United States on May 29, 2023. Lane Motors, a Japanese automobile company, produces a self-driving car at a plant in Arizona on December 14, 2023. O O A family buys the self-driving car on December 24

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