Questions: Which of the following would be included in US GDP measured expenditures? Your instructor buying a six-pack of Mexican beer A tax accountant buying a new computer Apple Corporation buying electronic components to build iPods A neighbor mows her own lawn A friend buying a 1942 Silver Dollar on eBay

The answer is: A tax accountant buying a new computer.

Explanation for each option:

1. Your instructor buying a six-pack of Mexican beer:

   • This would not be included in the US GDP because the beer is imported from Mexico. GDP measures the value of goods and services produced within a country, so imports are excluded.

2. A tax accountant buying a new computer:

   • This is included in the US GDP. The purchase of a new computer is a consumption expenditure on a final good produced within the country, contributing to the GDP.

3. Apple Corporation buying electronic components to build iPods:

   • This would not be included in the GDP as a final expenditure. These components are considered intermediate goods, which are used in the production of final goods (iPods). GDP only includes the value of final goods and services to avoid double counting.

4. A neighbor mows her own lawn:

   • This is not included in the GDP. GDP only includes market transactions where money is exchanged for goods and services. Non-market activities, such as mowing one's own lawn, are excluded.

5. A friend buying a 1942 Silver Dollar on eBay:

   • This would not be included in the GDP. The purchase of a used or second-hand item does not contribute to the current year's production of goods and services. GDP measures the value of new production within a given year.