L16 GDP

In which countries are people on average least satisfied with their lives?

Which category of GDP is affected by the following scenario? (Or, is the scenario not included in GDP calculations?)

"A farmer buys a new tractor"

Which category of GDP is affected by the following scenario? (Or, is the scenario not included in GDP calculations?)

"You spend $7 to attend a movie"

Which category of GDP is affected by the following scenario? (Or, is the scenario not included in GDP calculations?)

"A public school district decreases the length of the school year in order to lower spending"

Which category of GDP is affected by the following scenario? (Or, is the scenario not included in GDP calculations?)

"Worried about economic instability, people start hiding cash under their mattresses instead of spending it on restaurants and clothes"

Real GDP for Fredonia for 2021 using 2020 as the base year equals

In 2022, Australia and South Korea had roughly the same GDP: approximately 1.6 trillion in current U.S. dollars.

However, Australia's total population (almost 26 million people) is about half the size as South Korea's population (over 51 million people).

Which country has the higher GDP per capita?