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1) Identify and explain the immediate effect of each of the following events on Turkey's GDP and its components (C, I, G, NX) in 2019.
1) Identify and explain the immediate effect of each of the following events on Turkey's GDP and its components (C, I, G, NX) in 2019.
a. Aye buys an Italian made hand-bag at a cost of 5,000 TL. (5 p.)
b. Ali bought a brand new house in January for 500,000 TL. But he got a job offer in another city and sold his house in August for 600,000 TL. (5 p.)
c. Cem receives 2,000 TL unemployment payments from the government for 6 months. (5 p.)
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