From below examples, identify four nonproduction transactions which are not included in the 1) Social Security checks received by a retired person: ( p_ 2) The Cooperative scholarship check from CHS Foundation received by an agribusiness student: (, 3) The value of the purchase of shares of Microsoft by an individual:* ( s ). m 4) The purchase of a used tractor by a farmer: ( s
From below examples, identify four nonproduction transactions which are not included in the 1) Social Security checks received by a retired person: ( p_ 2) The Cooperative scholarship check from CHS Foundation received by an agribusiness student: (, 3) The value of the purchase of shares of Microsoft by an individual:* ( s ). m 4) The purchase of a used tractor by a farmer: ( s
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Transcribed Image Text:2. From below examples, identify four nonproduction transactions which are not included in the GDP.
1) Social Security checks received by a retired person: ( p
2) The Cooperative scholarship check from CHS Foundation received by an agribusiness student:
3) The value of the purchase of shares of Microsoft by an individual:* ( s_
m
_.).
4) The purchase of a used tractor by a farmer: (s
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