Indicate what components of GDP (if any) each of the following transactions would affect. Check all that apply. Transaction You pay a hairdresser for a haircut. Uncle John orders 10 new computers for his finance business. California hires workers to repave Highway 101. Uncle Henry buys a new refrigerator from a domestic manufacturer. Ford manufactures a Focus and adds it to its inventory. Ford sells a Mustang from its inventory to the Martinez family. Uncle John receives a check from the federal government for unemployment insurance benefits. You buy a new Toshiba computer. Consumption Investment U □ 0 00 ☐ Government Purchases U Net Exports U U 0 0 0
Indicate what components of GDP (if any) each of the following transactions would affect. Check all that apply. Transaction You pay a hairdresser for a haircut. Uncle John orders 10 new computers for his finance business. California hires workers to repave Highway 101. Uncle Henry buys a new refrigerator from a domestic manufacturer. Ford manufactures a Focus and adds it to its inventory. Ford sells a Mustang from its inventory to the Martinez family. Uncle John receives a check from the federal government for unemployment insurance benefits. You buy a new Toshiba computer. Consumption Investment U □ 0 00 ☐ Government Purchases U Net Exports U U 0 0 0
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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![Indicate what components of GDP (if any) each of the following transactions would affect. Check all that apply.
Transaction
You pay a hairdresser for a haircut.
Uncle John orders 10 new computers for his finance business.
California hires workers to repave Highway 101.
Uncle Henry buys a new refrigerator from a domestic manufacturer.
Ford manufactures a Focus and adds it to its inventory.
Ford sells a Mustang from its inventory to the Martinez family.
Uncle John receives a check from the federal government for
unemployment insurance benefits.
You buy a new Toshiba computer.
Consumption Investment
Government
Purchases
Net
Exports
0 0](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F40c49f13-da32-4f3a-9164-ba8cd0c253d1%2Fa20984a7-ce86-45c5-a37f-258b46016156%2F528kj28_processed.png&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
You pay a hairdresser for a haircut.
Uncle John orders 10 new computers for his finance business.
California hires workers to repave Highway 101.
Uncle Henry buys a new refrigerator from a domestic manufacturer.
Ford manufactures a Focus and adds it to its inventory.
Ford sells a Mustang from its inventory to the Martinez family.
Uncle John receives a check from the federal government for
unemployment insurance benefits.
You buy a new Toshiba computer.
Consumption Investment
Government
Purchases
Net
Exports
0 0
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