What components of GDP (if any) would each of the following transactions affect? Explain. a. A family
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What components of GDP (if any) would each of the following transactions affect? Explain.
a. A family buys a new refrigerator.
b. Aunt Jane buys a new house.
c. Aston Martin sells a DB7 from its inventory.
d. You buy a pizza.
e. The government builds a new motorway.
f. You buy a bottle of Californian wine.
g. Honda expands its factory in Derby, England.
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a The purchase of a new refrigerator by a family would affect the component of GDP known as private consumption expenditure Private consumption expend...View the full answer
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Gabriela Rosalía Castro
I have worked with very different types of students, from little kids to bussines men and women. I have thaught at universities, schools, but mostly in private sessions for specialized purpuses. Sometimes I tutored kids that needed help with their classes at school, some others were high school or college students that needed to prepare for an exam to study abroud. Currently I'm teaching bussiness English for people in bussiness positions that want to improve their skills, and preparing and ex-student to pass a standarized test to study in the UK.
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