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Is it included in GDP?
Tracy Beckius
Created on June 21, 2024
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Is it included in GDP?
Read through the following examples and decide if they are included for the the US's GDP for 2024
1. you spend 10 dollars to see a movie
2. A family pays 300,000 for a hourse built 13 years ago
Included in GDP
Not Included in GDP
3. A stay at home dad works hard caring for his children
4. Apple builds a new factory in California
5. You buy a new Toyota made in Japan
6. You pay to attend a semester at the U of M
7. An account pays a tailor $125 to make alterations to a suite
8. You pay 500 a month to rent an apartment