Measuring Output

Indicate whether each of the following would be counted as an increase (+), a decrease (-) or no change (0) in GDP.

    ____ a. Ms. A hires a male housekeeper.

    ____ b. Ms. A marries her housekeeper.

    ____ c. Your family's gardener quits his job (planning to sell grass instead of cut it).

    ____ d. Your family adds gardening to your list of chores.

    ____ e. A burglar steals your stereo.

    ____ f. You buy a new stereo to replace the one that was stolen.

    ____ g. The police department hires an extra detective to track down the burglar who stole your stereo.

    ____ h. A doctor and lawyer decide to stop billing each other and just trade their services instead.

    ____ i. Your parents lose $500 playing blackjack in Las Vegas.

    ____ j. You lose $500 playing blackjack in your dorm.

    ____ k. Higher world oil prices drive up the price of domestic oil.

    ____ l. A self-employed accountant decides to take some time off work "to start enjoying life a little more."

    ____ m. You sell an antique writing desk for hard cash.

    ____ n. You buy some flour to make a loaf of bread.

    ____ o. You burn your bread, throw it away and buy a loaf of bread from your neighborhood baker.

    ____ p. You receive an A grade in this course.