Econ GDP

The trade in exotic animals being illegally sold as pets is a multi-billion-dollar-a-year industry.  Is this included in GDP?

• Yes - Consumer spending
• Yes - Government Spending
• No - Underground Economy 
• No - Non-market activity 

Expectant parents buy supplies for the nursery.  Would this be included in GDP? 

• Yes - Consumer Spending
• Yes - Investment 
• No - Intermediate goods
• No - Non-market activity

What is the 1st economic goal of each country?

• Limit Inflation
• Limit Unemployment
• Promote Economic Growth
• Measure expenditures

Is this counted in the GDP of the US?

Cars made by a Japanese company in California.

• Yes

• No

Is this counted in the GDP of the US?

Cars made by a US company in South Korea.

• Yes

• No

Is this counted in the GDP of the US?

The materials (lumber, cement, bricks) used to build a house.

• Yes

• No

Is this counted in the GDP of the US?

A new home that was recently built.

• Yes

• No

Is this counted in the GDP of the US?

A farmer's purchase of a new tractor.

• Yes

• No

Is this counted in the GDP of the US?

A plumber's purchase of a two-year-old truck from Craigslist.

• Yes

• No

Is this counted in the GDP of the US?

The services of a mechanic in fixing the radiator on his own car.

• Yes

• No