Take place in 2019 uppose that The TolloWing fra 1) New manufacturing plant of Arcelik in China began its operations and produced 2Mill. TL worth of washing machines in 2019. >) Ebru sold her car to Ali for 1o0000 TL in 2019. :) Toyota produced 1million TL worth of cars in its manufacturing plant in Turkey in 2019. d) Dost Kitabevi sold 50000 TL worth of books from their inventories in 2019. :) A company in Ankara imported 20000 TL worth of electronic chips from South Korea and used them in production of 100000 TL worth of computers in 2019. reCT The CDP In "key in 2019.
Take place in 2019 uppose that The TolloWing fra 1) New manufacturing plant of Arcelik in China began its operations and produced 2Mill. TL worth of washing machines in 2019. >) Ebru sold her car to Ali for 1o0000 TL in 2019. :) Toyota produced 1million TL worth of cars in its manufacturing plant in Turkey in 2019. d) Dost Kitabevi sold 50000 TL worth of books from their inventories in 2019. :) A company in Ankara imported 20000 TL worth of electronic chips from South Korea and used them in production of 100000 TL worth of computers in 2019. reCT The CDP In "key in 2019.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:Suppose that the following transactions take place in 2019 in Turkey. State whether these transactions increase, decrease or do not affect the GDP in Turkey in 2019.
a) New manufacturing plant of Arcelik in China began its operations and produced 2Mill. TL worth of washing machines in 2019.
b) Ebru sold her car to Ali for 100000 TL in 2019.
c) Toyota produced 1million TL worth of cars in its manufacturing plant in Turkey in 2019.
d) Dost Kitabevi sold 50000 TL worth of books from their inventories in 2019.
e) A company in Ankara imported 20000 TL worth of electronic chips from South Korea and used them in production of 100000 TL worth of computers in 2019.
Transcribed Image Text:Describe the effect of each of the following on "the potential income" and
on "the standard of living" using macroeconomic production function and labor market equilibrium (draw separate graphs for each.)
a) Development of a new technology that increases the productivity of workers.
b) An increase in the country's population.
c) Establishment of new manufacturing factories by increased investments.
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