hich of the following are production activities that are included in GDP? Which are not?
Part 2
a. Mr. King performs the service of painting his own house instead of paying someone else to do it.
This activity is
▼
in GDP.
Not included in GDP.
b. Mr. King paints houses for a living
This activity is included in GDP.
c. Mrs. King earns income from parents by taking baby photos in her home photography studio.
This activity is
included in GDP.
d. Mrs. King takes photos of planets and stars as part of her astronomy hobby.
This activity is
Not included in GDP.
Trade charges fees to process Internet orders for stock trades.
This activity is
included in GDP.
f. Mr. Ho spends $10,000 on shares of stock via an Internet trade order. This activity is
▼
in GDP.
Mr. Ho pays a $10 brokerage fee. This activity is
▼
included
excluded
in GDP.