Question 8: For each, indicate the dollar value that each
contributes to each component of GDP. Assume that everyone in
society gets page a wage of $10 per hour for their market labour.
If an item does not contribute to GDP, write "none"

Households spent 10,000 hours taking
care of children. Of these, 8000 hours are
parents taking care of their own children,
and 2000 hours are spent on outside
childcare
Workers spend 12,000 hours on cleaning.
Of these, 7000 hours cleaning their own
houses, 2000 hours cleaning other
people's homes, 3000 hours cleaning
businesses
Businesses hire 4000 hours of telephone
technical support. Of these, 3000 hours are
by domestic firms and 1000 hours are by
foreign firms
Domestic businesses spend 10,000 hours
on imported asparagus. They sell the
asparagus to households for $25,000
The government collects $50,000 in taxes.
Of this, $40,000 is spent on food stamp
programs and $10,000 is used to pay tax
collectors
Firms import $10,000 of copper. They use
half to make electronics, which they sell to
the government for $20,000, and the other
half is stored for next year