Activities included (and not included) in the calculation of GDP The gross domestic product (GDP) of the United States is defined as the market value of all final goods and services produced within the United States in a given period of time.
Based on this definition, indicate which of the following transactions will be included in (that is, directly increase) the GDP of the United States in 2020.
Scenario 2020 GDP
Included Excluded
1. The Jones family buys an antique silver platter at an auction in upstate New York on March 17, 2020.
2. Chocolate Express, a Swiss chocolate company, produces a chocolate bar at a plant in Illinois on December 12, 2020. An elementary school student buys the chocolate bar on December 24.
3. Graincorp, a U. S. agricultural company, produces corn syrup at a plant in Iowa on September 19, 2020. It sells the corn syrup to Crunchy's for use in the production of cereal that will be made in the United States in 2020. (Note: Focus exclusively on whether production of the corn syrup increases GDP directly, and ignore the effect of production of the cereal on GDP.)
4. Zippycar, a U. S. automobile company, produces a convertible at a manufacturing plant in Minneapolis on January 9, 2020. It sells the car at a dealership in Denver on February 2, 2020.
5. Calculo, a U. S. electronics company, produces a calculator at a plant in Indonesia on March 17, 2020. Calculo imports

cognitive overload: having a lot on your mind impairs decision-making and tends to result in the simplest, but not necessarily best, option being selected.

empathy gaps: overlooking how you might feel in a different situation can result in unnecessary purchases, such as overbuying when shopping for food on an empty stomach.

optimism and overconfidence: wearing rose-tinted glasses and having unrealistic expectations about the future can affect money management and leave you unprepared for a change in circumstance.

instant gratification: seeking instant gratification drives impulsive spending and can undermine long-term planning and savings.

harmful habits: automatic or mindless behaviour can amplify a poor financial decision as it becomes a recurring event.

social norms: we are heavily influenced by the actions of others; while this can be in certain circumstances, it also contributes to the pressure to keep up with the joneses through conspicuous consumption.

answer; organizational;

1) the stages a new product goes through from beginning to end, i.e., the stages that a product passes through from introduction through growth, maturity, and decline. 2) the time from initial research and development to the time at which sales and support of the product to customers are withdrawn. 3) the period of time during which a product can be produced and marketed profitably.

                                          hope it

answer; competency based pay;