Final answer:
Expenditures on assets after acquisition include additions and improvements, with maintenance typically being an operating expense. In GDP, hospital stays, licensed daycare services, and new car sales are included, while life expectancy, unpaid childcare, sales of used cars, a variety of goods, and intermediate goods like iron for steel are not.
Step-by-step explanation:
The expenditures on assets after acquisition that are generally recognized include additions and improvements. Repairs and maintenance expenses are usually considered operating expenses rather than capital expenditures unless the repairs enhance the value of the asset, extend its useful life, or adapt it for a new or different use.
In terms of Gross Domestic Product (GDP), included items are a. the cost of hospital stays, c. child care provided by a licensed daycare center, and f. a new car sale. These represent economic activities that involve the production of goods and services within a specific period. Not included in GDP calculation would be b. the rise in life expectancy over time, d. child care provided by a grandmother (non-market transaction), e. a used car sale (since it's not a new production), g. the greater variety of cheese available in supermarkets (variety as such is not a direct economic transaction), and h. the iron that goes into the steel that goes into a refrigerator bought by a consumer because it's an intermediate good, and only the final sale of the refrigerator is counted.