Social security payments received by retired factory worker

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Which of the following are actually included in GDP and/or NI? If not counted, explain whether it should be, or simply cannot be. If it is counted, explain what kind of spending and/or what kind of income it is.

a) Social security payments received by a retired factory worker.

b) US government leases land for an army training center

c) Ford motor company buying tires to put on its new cars.

d) Wages paid to a domestic servant.

e) The market value of a homemaker's services.

Reference no: EM131424145

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