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25 Jan 2023
AP Macroeconomics Concept Practice
Unit: Economic Indicators and the Business Cycle
Topic: 2.2 Limitations of GDP
Item
Included/Excluded From This Year's U.S. GDP?
If Included, Which Category of Spending/ If Excluded, Reason Why?
Your parents sold your childhood home this year.
Your friend bought a U.S. made candle at Target this year.
Your friend bought a gaming console at your local Wal-Mart but the gaming console was manufactured overseas.
Your mom took an Uber last week.
You bought a subscription to Netflix this year.
Your parents received a stimulus check from the U.S. federal government
You pay $ 1000 for a 1-week adventure camp in Montana
You cut your brother's hair last month.
AP Macroeconomics Concept Practice
Unit: Economic Indicators and the Business Cycle
Topic: 2.2 Limitations of GDP
| Item | Included/Excluded From This Year's U.S. GDP? | If Included, Which Category of Spending/ If Excluded, Reason Why? |
| Your parents sold your childhood home this year. | ||
| Your friend bought a U.S. made candle at Target this year. | ||
| Your friend bought a gaming console at your local Wal-Mart but the gaming console was manufactured overseas. | ||
| Your mom took an Uber last week. | ||
| You bought a subscription to Netflix this year. | ||
| Your parents received a stimulus check from the U.S. federal government | ||
| You pay $ 1000 for a 1-week adventure camp in Montana | ||
| You cut your brother's hair last month. |
shitalbhusare12Lv10
26 Jan 2023
25 Jan 2023
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