A woman hires a personal chef (cook) at $60,000 a year for h…

A woman hires a personal chef (cook) at $60,000 a year for his services.  The two fall in love and get married, but the chef (cooking) services are still being performed with no explicit payment.  After the marriage what amount of the chef (cooking) services are included in GDP?

$2,000,000,000 (2 billion) was spent on investment into the…

$2,000,000,000 (2 billion) was spent on investment into the spinning rims plant in Oakland, CA in 1999. Of that two billion dollars, 500 million was spent expanding the assembly line, 800 million was spent on restoring parts of the damaged assembly line, and 700 million was spent on expanding the actual facility. What amount of the total investment is considered net investment?