Which of the following goods and services are included in the U.S. GDP and by how much? If a good or service is not included, explain why.
a. Donna spends $100 on house paint.
b. On a nice sunny weekend, Donna uses the paint that she purchased to paint her house.
c. Bruce hires a painter to paint his house.
d. Dell Computers buys parts from a local distributer for $1 million, assembles the parts, and sells the finished computers for $2 million.
e. Sarah buys a new Ford Focus.
f. Sarah buys a 2005 Dodge truck to drive on weekends.
g. Ben buys $20,000 worth of Facebook stocks.
h. During a recession, the government raises unemployment benefits by $100 million.
i. In response to growing tensions in the Syria and Iraq, the U.S. government increases defense spending by $50 billion.