In each of the following cases, determine how much GDP and each of its components is affected (if at all). Rabia spends $200 to buy her husband dinner at the finest restaurant in Karachi. Sarah spends $1800 on a new laptop to use in her publishing business. The laptop was built in Sadia spends $1200 on a computer to use in her editing business. She got last year’s model on sale for a great price from a local manufacturer. General Motors builds $500 million worth of cars, but consumers only buy $470 million worth of them.
In each of the following cases, determine how much GDP and each of its components is affected (if at all). Rabia spends $200 to buy her husband dinner at the finest restaurant in Karachi. Sarah spends $1800 on a new laptop to use in her publishing business. The laptop was built in Sadia spends $1200 on a computer to use in her editing business. She got last year’s model on sale for a great price from a local manufacturer. General Motors builds $500 million worth of cars, but consumers only buy $470 million worth of them.
Chapter7: Macroeconomic Measurements, Part Ii: Gdp And Real Gdp
Section: Chapter Questions
Problem 4QP
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In each of the following cases, determine how much
- Rabia spends $200 to buy her husband dinner at the finest restaurant in Karachi.
- Sarah spends $1800 on a new laptop to use in her publishing business. The laptop was built in
- Sadia spends $1200 on a computer to use in her editing business. She got last year’s model on sale for a great price from a local manufacturer.
- General Motors builds $500 million worth of cars, but consumers only buy $470 million worth of them.
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