How do the following events influence Turkish GDP?   Mothers living in Turkey take care of their pre-school child in their own home. You buy a new car from a dealer for 80,000 TL. You sell your father’s used car to a dealer for 70,000 TL. You sell your old car to a dealer for 60,000 TL. The dealer repaints it and sells it to a customer for 80,000 TL A Japanese company builds a factory in Düzce. (If this affects GDP, is it the Japanese or the Turkish GDP?) A German company buys stock in a Turkish company. An earthquake destroys many structures in Gebze industrial zone. The structures are not rebuilt this year. An earthquake destroys much of Gölcük and within a short time the town is rebuilt as it was before.

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
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Chapter1: Making Economics Decisions
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1) How do the following events influence Turkish GDP?

 

  1. Mothers living in Turkey take care of their pre-school child in their own home.
  2. You buy a new car from a dealer for 80,000 TL.
  3. You sell your father’s used car to a dealer for 70,000 TL.
  4. You sell your old car to a dealer for 60,000 TL. The dealer repaints it and sells it to a customer for 80,000 TL
  5. A Japanese company builds a factory in Düzce. (If this affects GDP, is it the Japanese or the Turkish GDP?)
  6. A German company buys stock in a Turkish company.
  7. An earthquake destroys many structures in Gebze industrial zone. The structures are not rebuilt this year.
  8. An earthquake destroys much of Gölcük and within a short time the town is rebuilt as it was before.
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