History, 29.10.2020 07:20 rero

11. Which of the following are included and which are excluded in calculating GDP? Included
or
Excluded
A monthly check received by an economics student who has been granted a government scholarship?
A farmer's purchase of a new tractor.
A plumber's purchase of a two-year-old truck.
Cashing a U. S. government bond.
The services of a mechanic in fixing the radiator on his own
car.
A Social Security check from the government tc-a retired
store clerk
The government's purchase of a new submarine for the Navy.
12 Is It Counted and Where? -For each of the following items write one of the following

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11. Which of the following are included and which are excluded in calculating GDP? Included
o...