Answer:
Check the following solutions.
Explanation:
(1) C
Money spent for movie ticket is personal consumption.
(2) I
Purchase of new residential house is included in GDP under fixed residential investment.
(3) NC
Purchase of used good is not counted (to avoid double counting).
(4) C
Money spent for suit is personal consumption.
(5) G
Defense spending is included in government purchase of goods and services.
(6) NC
Social security, being a transfer payment, is excluded from GDP.
(7) NC
Purchase of stocks is excluded from GDP.
(8) I
Unintended inventory is included under Gross private domestic investment.
(9) NC
Unpaid services are excluded from GDP since market value cannot be precisely computed.
(10) I
The robots are physical capital for Ford's business.
(11) C
Rental payment is personal consumption.
(12) I
Building new factory is fixed non-residential business investment.
(13) NC
Transfer of corporate ownership is excluded from GDP.
(14) NX
Purchase of Japanese car is an Import, included under NX.
(15) C
Tuition payment is personal consumption.
