3. Problems and Applications Q1 Indicate what components of GDP (if any) each of the following transactions would affect. Check all that apply. Transaction You buy a new Toshiba computer. Texas hires public middle school teachers. Aunt Jane buys a new house from a local builder. Uncle Paul pays a domestic contractor for renovating his home. The Jackson family buys an old Victorian house from the Walker family. Ford manufactures a Focus and sells it to Avis, the car rental company. You pay a domestic plumber for fixing a leak in your bathroom. Ford sells a Mustang from its inventory to the Martinez family. Consumption E 0 O M O Investment Government Purchases O 000 O 00 Net Exports

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Problems and applications Q1
3. Problems and Applications Q1
Indicate what components of GDP (if any) each of the following transactions would affect. Check all that apply.
Transaction
You buy a new Toshiba computer.
Texas hires public middle school teachers.
Aunt Jane buys a new house from a local builder.
Uncle Paul pays a domestic contractor for renovating his home.
The Jackson family buys an old Victorian house from the Walker
family.
Ford manufactures a Focus and sells it to Avis, the car rental
company.
You pay a domestic plumber for fixing a leak in your bathroom.
Ford sells a Mustang from its inventory to the Martinez family.
Consumption
10
0
Investment
0
0
0
O
0
Government
Purchases
O
0 0
0
Net
Exports
0
000
Transcribed Image Text:3. Problems and Applications Q1 Indicate what components of GDP (if any) each of the following transactions would affect. Check all that apply. Transaction You buy a new Toshiba computer. Texas hires public middle school teachers. Aunt Jane buys a new house from a local builder. Uncle Paul pays a domestic contractor for renovating his home. The Jackson family buys an old Victorian house from the Walker family. Ford manufactures a Focus and sells it to Avis, the car rental company. You pay a domestic plumber for fixing a leak in your bathroom. Ford sells a Mustang from its inventory to the Martinez family. Consumption 10 0 Investment 0 0 0 O 0 Government Purchases O 0 0 0 Net Exports 0 000
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