1. Yeah, because you don’t know it yet.
GDP Review
Yeah, because you don’t know it yet.

2. YOU WON THE LOTTERY AND NEVER HAVE TO WORK AGAIN
Which of the following is it? C + I + G + (X-M) OR NC IF IT’S NOT COUNTED IN THE GDP
YOU WON THE LOTTERY AND NEVER HAVE TO WORK AGAIN
NOT COUNTED

3. YOU BUY A TIRE TO REPLACE THE ONE THAT BLEW OUT
Which of the following is it? C + I + G + (X-M) OR NC IF IT’S NOT COUNTED IN THE GDP
YOU BUY A TIRE TO REPLACE THE ONE THAT BLEW OUT
NOT COUNTED

4. YOU’RE A BAKER WHO BUYS FLOUR TO MAKE PIES TO SELL IN YOUR BAKERY
Which of the following is it? C + I + G + (X-M) OR NC IF IT’S NOT COUNTED IN THE GDP
YOU’RE A BAKER WHO BUYS FLOUR TO MAKE PIES TO SELL IN YOUR BAKERY
NOT COUNTED

5. CASHING A GOVERNMENT BOND
Which of the following is it? C + I + G + (X-M) OR NC IF IT’S NOT COUNTED IN THE GDP
CASHING A GOVERNMENT BOND
NOT COUNTED AS PART OF THE GDP

6. APPLE COMPUTER BUILDS A NEW FACTORY IN THE UNITED STATES
Which of the following is it? C + I + G + (X-M) OR NC IF IT’S NOT COUNTED IN THE GDP
APPLE COMPUTER BUILDS A NEW FACTORY IN THE UNITED STATES
INVESTMENT

7. YOU MOW YARDS TO SAVE UP FOR A CAR AND ARE PAID IN CASH
Which of the following is it? C + I + G + (X-M) OR NC IF IT’S NOT COUNTED IN THE GDP
YOU MOW YARDS TO SAVE UP FOR A CAR AND ARE PAID IN CASH
NOT COUNTED

8. Which of the following is it
Which of the following is it? C + I + G + (X-M) OR NC IF IT’S NOT COUNTED IN THE GDP
THE GOVERNMENT MAKES A $300 SOCIAL SECURITY PAYMENT TO A REITRED PERSON
NOT COUNTED IN THE GDP

9. THE GOVERNMENT PURCHASES A NEW SUBMARINE FOR THE NAVY
Which of the following is it? C + I + G + (X-M) OR NC IF IT’S NOT COUNTED IN THE GDP
THE GOVERNMENT PURCHASES A NEW SUBMARINE FOR THE NAVY
GOVERNMENT

10. YOU PAY $300 FOR RENT ON AN APARTMENT
Which of the following is it? C + I + G + (X-M) OR NC IF IT’S NOT COUNTED IN THE GDP
YOU PAY $300 FOR RENT ON AN APARTMENT
NOT COUNTED AS PART OF THE GDP

11. A FAMILY PAYS FOR A NEW HOUSE
Which of the following is it? C + I + G + (X-M) OR NC IF IT’S NOT COUNTED IN THE GDP
A FAMILY PAYS FOR A NEW HOUSE
CONSUMER

12. YOU BUY A NEW TOYOTA THAT WAS MADE IN JAPAN
Which of the following is it? C + I + G + (X-M) OR NC IF IT’S NOT COUNTED IN THE GDP
YOU BUY A NEW TOYOTA THAT WAS MADE IN JAPAN
NET EXPORTS (FOREIGN)

13. R.J. REYNOLDS CORPORATION BUYS CONTROL OF NABISCO
Which of the following is it? C + I + G + (X-M) OR NC IF IT’S NOT COUNTED IN THE GDP
R.J. REYNOLDS CORPORATION BUYS CONTROL OF NABISCO
NOT COUNTED

14. A WINDOW COMPANY HAS A INCREASE IN ITS INVENTORIES
Which of the following is it? C + I + G + (X-M) OR NC IF IT’S NOT COUNTED IN THE GDP
A WINDOW COMPANY HAS A INCREASE IN ITS INVENTORIES
INVESTMENT

15. YOU SPEND $10 TO GO TO SEE SPLIT
Which of the following is it? C + I + G + (X-M) OR NC IF IT’S NOT COUNTED IN THE GDP
YOU SPEND $10 TO GO TO SEE SPLIT
CONSUMER

16. GERMANY BUYS MORE AMERICAN WHEAT?
Which of the following is it? C + I + G + (X-M) OR NC IF IT’S NOT COUNTED IN THE GDP
GERMANY BUYS MORE AMERICAN WHEAT?
EXPORTS so (X-M)

17. YOU PAY TUITION TO ATTEND COLLEGE
Which of the following is it? C + I + G + (X-M) OR NC IF IT’S NOT COUNTED IN THE GDP
YOU PAY TUITION TO ATTEND COLLEGE
CONSUMER

18. YOU PAY $300 A MONTH TO RENT AN APARTMENT
Which of the following is it? C + I + G + (X-M) OR NC IF IT’S NOT COUNTED IN THE GDP
YOU PAY $300 A MONTH TO RENT AN APARTMENT
CONSUMER

19. A FAMILY PAYS $75,000 FOR A HOUSE BUILT 3 YEARS AGO
Which of the following is it? C + I + G + (X-M) OR NC IF IT’S NOT COUNTED IN THE GDP
A FAMILY PAYS $75,000 FOR A HOUSE BUILT 3 YEARS AGO
NOT COUNTED

20. FORD BUY NEW AUTO- MAKING ROBOTS
Which of the following is it? C + I + G + (X-M) OR NC IF IT’S NOT COUNTED IN THE GDP
FORD BUY NEW AUTO- MAKING ROBOTS
INVESTMENT

21. Which of the following is it
Which of the following is it? C + I + G + (X-M) OR NC IF IT’S NOT COUNTED IN THE GDP
YOU BUY A 3 YEAR OLD CAR
NOT COUNTED AS PART OF THE GDP

22. YOU BUY $1000 WORTH OF STOCK IN GENERAL MOTORS, CORP.
Which of the following is it? C + I + G + (X-M) OR NC IF IT’S NOT COUNTED IN THE GDP
YOU BUY $1000 WORTH OF STOCK IN GENERAL MOTORS, CORP.
NOT COUNTED

23. YOU’VE BOUGHT A USED CAR
Which of the following is it? C + I + G + (X-M) OR NC IF IT’S NOT COUNTED IN THE GDP
YOU’VE BOUGHT A USED CAR
NOT COUNTED

24. A HOMEMAKER WHO WORKS HARD CARING FOR HER HUSBAND, HOME AND CHILDREN
Which of the following is it? C + I + G + (X-M) OR NC IF IT’S NOT COUNTED IN THE GDP
A HOMEMAKER WHO WORKS HARD CARING FOR HER HUSBAND, HOME AND CHILDREN
NOT COUNTED

25. A WINDOW COMPANY HAS A INCREASE IN ITS INVENTORIES
Which of the following is it? C + I + G + (X-M) OR NC IF IT’S NOT COUNTED IN THE GDP
A WINDOW COMPANY HAS A INCREASE IN ITS INVENTORIES
INVESTMENT