Government Purchases Net Transaction Consumption Investment Exports Ford manufactures a Focus and sells it to Avis, the car rental сompany. Ford sells a Mustang from its inventory to the Martinez family. California hires workers to repave Highway 101. Your parents pay an accountant to file their tax returns. The Jackson family buys an old Victorian house from the Walker family. You purchase a box of Belgian chocolate. Aunt Jane buys a new house from a local builder. O oo

ENGR.ECONOMIC ANALYSIS
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ISBN:9780190931919
Author:NEWNAN
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Chapter1: Making Economics Decisions
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3. Problems and Applications Q1
Indicate what components of GDP (if any) each of the following transactions would affect. Check all that apply.
Government
Purchases
Net
Transaction
Consumption
Investment
Exports
Ford manufactures a Focus and sells it to Avis, the car rental
company.
Ford sells a Mustang from its inventory to the Martinez family.
California hires workers to repave Highvway 101.
Your parents pay an accountant to file their tax returns.
The Jackson family buys an old Victorian house from the Walker
family.
You purchase a box of Belgian chocolate.
Aunt Jane buys a new house from a local builder.
Aunt Polly buys a new air conditioner from a domestic manufacturer.
O O
O O
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. Government Purchases Net Transaction Consumption Investment Exports Ford manufactures a Focus and sells it to Avis, the car rental company. Ford sells a Mustang from its inventory to the Martinez family. California hires workers to repave Highvway 101. Your parents pay an accountant to file their tax returns. The Jackson family buys an old Victorian house from the Walker family. You purchase a box of Belgian chocolate. Aunt Jane buys a new house from a local builder. Aunt Polly buys a new air conditioner from a domestic manufacturer. O O O O
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