Indicate what components of GDP (if any) each of the following transactions would affect. Check all that apply. Transaction Texas hires public middle school teachers. You pay a hairdresser for a haircut. Uncle John orders 10 new computers for his finance business. Ford sells a Mustang from its inventory to the Martinez family. Uncle John receives a check from the federal government for unemployment insurance benefits. Ford manufactures a Focus and adds it to its inventory. You purchase a box of Belgian chocolate. Uncle Henry buys a new refrigerator from a domestic manufacturer Consumption Investment COCO 00 Government Purchases Net Exports

Indicate what components of GDP (if any) each of the following transactions would affect. Check all that apply. Transaction Texas hires public middle school teachers. You pay a hairdresser for a haircut. Uncle John orders 10 new computers for his finance business. Ford sells a Mustang from its inventory to the Martinez family. Uncle John receives a check from the federal government for unemployment insurance benefits. Ford manufactures a Focus and adds it to its inventory. You purchase a box of Belgian chocolate. Uncle Henry buys a new refrigerator from a domestic manufacturer Consumption Investment COCO 00 Government Purchases Net Exports

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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