Question

Treetopplers, a U.S. lumber company, produces wood at a plant in Oregon on September 25, 2015. It sells the wood to Buildit and Partners, a developer, for use in the production of a new house that will be built in the United States in 2015. (Note: Focus exclusively on whether production of the wood increases GDP directly, and ignore the effect of production of the new house on GDP.) included or exclunded

Answer 1

The answer is: the products from Treetopplers are EXCLUDED from the GDP

Step-by-step explanation:

The wood Treetopplers sold to Buildit and Partners are considered intermediate goods (goods that are used to produce other final goods) because they are materials used to build houses. They are not included in the GDP.

Only final goods and services are included in the GDP.