Indicate what components of GDP (if any) each of the following transactions would affect. Check all that apply. Transaction Texas hires public middle school teachers. You pay a hairdresser for a haircut. Uncle John orders 10 new computers for his finance business. Ford sells a Mustang from its inventory to the Martinez family. Uncle John receives a check from the federal government for unemployment insurance benefits. Ford manufactures a Focus and adds it to its inventory. You purchase a box of Belgian chocolate. Uncle Henry buys a new refrigerator from a domestic manufacturer Consumption Investment COCO 00 Government Purchases Net Exports
Indicate what components of GDP (if any) each of the following transactions would affect. Check all that apply. Transaction Texas hires public middle school teachers. You pay a hairdresser for a haircut. Uncle John orders 10 new computers for his finance business. Ford sells a Mustang from its inventory to the Martinez family. Uncle John receives a check from the federal government for unemployment insurance benefits. Ford manufactures a Focus and adds it to its inventory. You purchase a box of Belgian chocolate. Uncle Henry buys a new refrigerator from a domestic manufacturer Consumption Investment COCO 00 Government Purchases Net Exports
Chapter19: Measuring Economic Performance
Section: Chapter Questions
Problem 3P
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1. Ch. 15 Problems and Applications Q1
Indicate what components of GDP (if any) each of the following transactions would affect. Check all that apply.
Transaction
Texas hires public middle school teachers.
You pay a hairdresser for a haircut.
Uncle John orders 10 new computers for his finance business.
Ford sells a Mustang from its inventory to the Martinez family.
Uncle John receives a check from the federal government for unemployment
Insurance benefits.
Ford manufactures a Focus and adds it to its inventory.
You purchase a box of Belgian chocolate.
Uncle Henry buys a new refrigerator from a domestic manufacturer.
Consumption Investment
COD
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Government
Purchases
Net
Exports
a
B
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