ate what components of GDP (if any) each of the following transactions would affect. Check all that apply. nsaction da expands its factory in Ohio. purchase a box of Belgian chocolate. ay a hairdresser for a haircut. John receives a check from the federal government for ployment insurance benefits. arents buy a new house from a local builder. wells a Mustang from its inventory to the Martinez family. Henry buys a new refrigerator from a domestic manufacturer. ark hires workers to plow snow after a snowstorm. Consumption Investment O O D O Ⓡ 10 0 D 0 0 D DOO Government Purchases 0 0000 Net Exports 000 0 0000
ate what components of GDP (if any) each of the following transactions would affect. Check all that apply. nsaction da expands its factory in Ohio. purchase a box of Belgian chocolate. ay a hairdresser for a haircut. John receives a check from the federal government for ployment insurance benefits. arents buy a new house from a local builder. wells a Mustang from its inventory to the Martinez family. Henry buys a new refrigerator from a domestic manufacturer. ark hires workers to plow snow after a snowstorm. Consumption Investment O O D O Ⓡ 10 0 D 0 0 D DOO Government Purchases 0 0000 Net Exports 000 0 0000
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
Related questions
Question
![Indicate what components of GDP (if any) each of the following transactions would affect. Check all that apply.
Transaction
Honda expands its factory in Ohio.
You purchase a box of Belgian chocolate.
You pay a hairdresser for a haircut.
Uncle John receives a check from the federal government for
unemployment insurance benefits.
Your parents buy a new house from a local builder.
Ford sells a Mustang from its inventory to the Martinez family.
Uncle Henry buys a new refrigerator from a domestic manufacturer.
New York hires workers to plow snow after a snowstorm.
Consumption Investment
D
0
0
D
D
00
0
O
0
0
m
O
0
e
Government
Purchases
O
W
O
0000
Net
Exports
DOO
0
00000](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Ffc0c3898-363f-423d-81ba-6b942be9841b%2F1b29e70d-4a47-4fd4-adcf-e33cae50261d%2F951155c_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Indicate what components of GDP (if any) each of the following transactions would affect. Check all that apply.
Transaction
Honda expands its factory in Ohio.
You purchase a box of Belgian chocolate.
You pay a hairdresser for a haircut.
Uncle John receives a check from the federal government for
unemployment insurance benefits.
Your parents buy a new house from a local builder.
Ford sells a Mustang from its inventory to the Martinez family.
Uncle Henry buys a new refrigerator from a domestic manufacturer.
New York hires workers to plow snow after a snowstorm.
Consumption Investment
D
0
0
D
D
00
0
O
0
0
m
O
0
e
Government
Purchases
O
W
O
0000
Net
Exports
DOO
0
00000
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