Question: Question 4 - 7 points ( 1 point for each ) For each of the following transactions, state the possible effect on U . S

Question 4-7 points (1 point for each)
For each of the following transactions, state the possible effect on U.S. GDP for this year.
a) The purchase of a 1990 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 dry-cleaning service.
f) $25 paid to a local landscaping business to mow your lawn.
g) Money used to purchase an illegal drug.
Question 4 - 7 points ( 1 point for each ) For

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