12.Which of these will NOT be included in the GDP? A. the value of a meal eaten at Wendy's in New York City but consumed by a tourist from Norway B.college tuition t C.he value of Kansas corn D.a cruise on a ship registered in Norway 13.Alternating periods of macroeconomic expansion and contraction are known as A.trade surpluses and deficits. B.hyperinflations. C.budget surpluses and deficits. D.business cycles. 15. Compensation of employees in the income approach to calculating GDP includes many benefits, such as employers' contributions to unemployment compensation. True False 16.The brand of car you buy is a topic of interest for macroeconomics. True False 17.A simple circular flow diagram shows that the factors of production are A.owned by the government. B,traded in the market for goods and services. C.purchased by businesses. D.purchased by households. .