Indicate the category of each item in GDP, or whether it is not in GDP. Assume products are made domestically unless indicated otherwise: A gas station installs new pumps. multiple choice 1 Consumption Investment Govt. Purchases Imports or Exports Not in GDP A bakery buys flour. g

It is included in GDP as part of Investment

It is not included in GDP because it is an intermediate good.

Explanation:

Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year

GDP calculated using the expenditure approach = Consumption spending by households + Investment spending by businesses + Government spending + Net export

Items not included in the calculation off GDP includes:  

1.services not rendered to oneself

2.Activities not reported to the government  

3.illegal activities

4.sale or purchase of used products

5.sale or purchase of intermediate products

Intermediate goods are goods used in the production of other goods. They are not included in GDP. Flour is an intermediate good because it is used in the production of bread and pastries

both are integral parts of a corporate balance sheet. the cash flow statement, or statement of cash flows, measures the sources of a company's cash and its uses of cash over a specific time period. the income statement measures a company's financial performance, such as revenues, expenses, profits or losses over a specific time period (in fact, it's sometimes called a statement of financial performance).

a cash flow statement shows exactly how much money a company has received and how much it has spent, traditionally over a period of one month. it captures the current operating results and changes on the balance sheet, such as increases or decreases in accounts receivable or accounts payable, and does not include noncash accounting items such as depreciation and amortization. the cash flow generally comes from revenue received as a result of business activity, but it may be augmented by funds available as a result of credit. a cash flow statement is used to determine the short-term viability and liquidity of a company, specifically how well it is positioned to pay its bills and vendors.

b is the correct answer