Question: Question 4 - 7 points ( 1 point for each ) For each of the following transactions, state the possible effect on U . S
Question points point for each
For each of the following transactions, state the possible effect on US GDP for this year.
a The purchase of a Ford Bronco.
b A purchase of a share of IBM stock.
c Steel purchased by General Motors to be used in the production of new vehicles.
d A dry cleaning bill.
e The money you saved by doing your own laundry rather than using a drycleaning service.
f $ paid to a local landscaping business to mow your lawn.
g Money used to purchase an illegal drug.
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