00:01
So i can't see the options for your blanks there, but i know what the three things have to be, right? the three things that go into gdp, right, are market value or perhaps even more clearly the sum of all market values, right? because what you're doing is you're taking the value of everything and adding it together.
00:20
And what you're adding together is all final goods, right? only final goods, right? not intermediates, domestically produced.
00:31
That's what goes into gdp, right? the sum of the market value of all domestically produced final, domestically goods domestically produced.
00:43
So let me go through and try to answer each of these things, right? include which of the transactions will directly increase the gdp of the united states.
00:56
So a, we have imported sneakers.
00:58
The imported sneakers? the answer here is no, right? not domestic, right? so those are excluded because they're not domestic production, right? b, we have accountant services.
01:24
Yes, right? they are included.
01:27
The timing here is completely irrelevant, right? we normally, oh, it's very tricky, i see.
01:35
It's asking you about gdp in 2019.
01:39
So this one is actually not included because it's in 2020.
01:42
It's in the wrong year, right? it's in the wrong year.
01:45
So the gdp is thinking about produced in the year.
01:50
And this one is produced in the wrong year.
01:56
C is we have a domestic chocolate bar...