<P> Here is a description of each GDP component: </P> <Ul> <Li> C (consumption) is normally the largest GDP component in the economy, consisting of private expenditures in the economy (household final consumption expenditure). These personal expenditures fall under one of the following categories: durable goods, nondurable goods, and services . Examples include food, rent, jewelry, gasoline, and medical expenses, but not the purchase of new housing . </Li> <Li> I (investment) includes, for instance, business investment in equipment, but does not include exchanges of existing assets . Examples include construction of a new mine, purchase of software, or purchase of machinery and equipment for a factory . Spending by households (not government) on new houses is also included in investment . In contrast to its colloquial meaning, "investment" in GDP does not mean purchases of financial products . Buying financial products is classed as' saving', as opposed to investment . This avoids double - counting: if one buys shares in a company, and the company uses the money received to buy plant, equipment, etc., the amount will be counted toward GDP when the company spends the money on those things; to also count it when one gives it to the company would be to count two times an amount that only corresponds to one group of products . Buying bonds or stocks is a swapping of deeds, a transfer of claims on future production, not directly an expenditure on products . </Li> <Li> G (government spending) is the sum of government expenditures on final goods and services . It includes salaries of public servants, purchases of weapons for the military and any investment expenditure by a government . It does not include any transfer payments, such as social security or unemployment benefits . </Li> <Li> X (exports) represents gross exports . GDP captures the amount a country produces, including goods and services produced for other nations' consumption, therefore exports are added . </Li> <Li> M (imports) represents gross imports . Imports are subtracted since imported goods will be included in the terms G, I, or C, and must be deducted to avoid counting foreign supply as domestic . </Li> </Ul> <Li> C (consumption) is normally the largest GDP component in the economy, consisting of private expenditures in the economy (household final consumption expenditure). These personal expenditures fall under one of the following categories: durable goods, nondurable goods, and services . Examples include food, rent, jewelry, gasoline, and medical expenses, but not the purchase of new housing . </Li> <Li> I (investment) includes, for instance, business investment in equipment, but does not include exchanges of existing assets . Examples include construction of a new mine, purchase of software, or purchase of machinery and equipment for a factory . Spending by households (not government) on new houses is also included in investment . In contrast to its colloquial meaning, "investment" in GDP does not mean purchases of financial products . Buying financial products is classed as' saving', as opposed to investment . This avoids double - counting: if one buys shares in a company, and the company uses the money received to buy plant, equipment, etc., the amount will be counted toward GDP when the company spends the money on those things; to also count it when one gives it to the company would be to count two times an amount that only corresponds to one group of products . Buying bonds or stocks is a swapping of deeds, a transfer of claims on future production, not directly an expenditure on products . </Li>

Which of the following products is counted as part of the u.s. gross domestic product (gdp)