Question $1($Total $20$ marks$)$

In each of the following cases, determine which GDP component is affected.

a$.(2$ marks$)$ A farmer purchases a new industrial tractor.

$($b$.(2$ marks$)$ Businesses increase their current inventories.

$($d$.(2$ marks$)$ You spend $$7$ to attend a movie.

e d$.(2$ marks$)$ Worried about consumer confidence, Ford purchases less sheet metal for cars.

e$.(2$ marks$)$ A retired man cashes his social security check from the government.

f$.(2$ marks$)$ A French company purchases a one$-$year membership to

PartyPeople.com, a U$.$S$.-$based company.

Tg$.(2$ marks$)$ A person pays $$450$ a month to rent an apartment.

Lh$.(2$ marks$)$ Worried about a recession, people begin saving more money.

Ti$.(2$ marks$)$ The U$.$S$.$ government hires more workers for constructing a bridge.

j$.(2$ marks$)$ Government closes school for the month of March.