What components of GDP (consumption, investment, government spending, net exports), if any, would each of the following affect and how? Explain. b) A family buys a new television c) You treat your Saudi Arabian friend a nice dinner at hotel Serina. d) Bangladesh government allocates 500 crore taka for naval expenses.

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 4CQ
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What components of GDP (consumption, investment, government spending, net exports), if any, would each of the following affect and how? Explain.

b) A family buys a new television

c) You treat your Saudi Arabian friend a nice dinner at hotel Serina.

d) Bangladesh government allocates 500 crore taka for naval expenses.

e) Your uncle lives in Canada and he sends $500 at every month.

f) Transcom establishes a new factory at SAVAR

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