Indicate what components of GDP (if any) each of the following transactions would affect. Check all that apply. Government Net Transaction Consumption Investment Purchases Exports Texas hires public middle school teachers. Honda expands its factory in Ohio. You pay a hairdresser for a haircut. Uncle Henry buys a new refrigerator from a domestic manufacturer. Your parents buy a new house from a local builder. The federal government sends your grandmother a Social Security check. You buy a new Toshiba computer. Dell sells a desktop computer from its inventory to the Johnson family. O O O 0 O O O O O O 0 O O

Indicate what components of GDP (if any) each of the following transactions would affect. Check all that apply. Government Net Transaction Consumption Investment Purchases Exports Texas hires public middle school teachers. Honda expands its factory in Ohio. You pay a hairdresser for a haircut. Uncle Henry buys a new refrigerator from a domestic manufacturer. Your parents buy a new house from a local builder. The federal government sends your grandmother a Social Security check. You buy a new Toshiba computer. Dell sells a desktop computer from its inventory to the Johnson family. O O O 0 O O O O O O 0 O O

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

Please give a fully detailed response to the question below.

Indicate what components of GDP (if any) each of the following transactions would affect. Check all that apply.
Government
Net
Transaction
Consumption
Investment
Purchases
Exports
Texas hires public middle school teachers.
Honda expands its factory in Ohio.
You pay a hairdresser for a haircut.
Uncle Henry buys a new refrigerator from a domestic manufacturer.
Your parents buy a new house from a local builder.
The federal government sends your grandmother a Social Security
check.
You buy a new Toshiba computer.
Dell sells a desktop computer from its inventory to the Johnson
family.
O O o O O O
O O
O O O O O O O O
O O O O
O O
O O o O

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