d. You sell your old car to a dealer for 60,000 TL. The dealer repaints it and sells it to a customer for 80,000 TL e. A Japanese company builds a factory in Düzce. (If this affects GDP, is it the Japanese or the Turkish GDP?) f. A German company buys stock in a Turkish company.

Economics: Private and Public Choice (MindTap Course List)
16th Edition
ISBN:9781305506725
Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Chapter7: Taking The Nation's Economic Pulse
Section: Chapter Questions
Problem 11CQ
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How do the following events influence Turkish GDP? Please explain briefly.

d. You sell your old car to a dealer for 60,000 TL. The dealer repaints it and sells it to a
customer for 80,000 TL
e. A Japanese company builds a factory in Düzce. (If this affects GDP, is it the Japanese or the
Turkish GDP?)
f. A German company buys stock in a Turkish company.
Transcribed Image Text:d. You sell your old car to a dealer for 60,000 TL. The dealer repaints it and sells it to a customer for 80,000 TL e. A Japanese company builds a factory in Düzce. (If this affects GDP, is it the Japanese or the Turkish GDP?) f. A German company buys stock in a Turkish company.
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