1. What components of GDP (if any) on the expenditure side of the accounts would each of the following transactions change? If dollar amounts are given, provide the dollar amount in your answer. a. A U.S. family buys a new refrigerator made in Illinois b. A U.S. family buys a new refrigerator made in China c. You buy a new house in Chicago d. You buy a pizza from Dominos e. California repaves U.S. highway one. f. GM sells a car from its inventory of cars g. You sell a house built in 2000. The original purchase price was $120,000, your sale price is $200,000, of which $10,000 goes to a real estate agent as sales commission. h. U.S. government spending for unemployment benefits decreases because of declining unemployment. i. A parent pays $1,000 for daycare for their child. j. Ben and Jerrys buy milk to make ice cream. k. You buy $20 of yarn at a craft store. You use the yarn to make a sweater, which would cost $80 if sold at Target. 1. Your parents live in a home that they purchased in 2002. An identical home is rented by their neighbor for $2,000 a month. Question 1 (6 points) Find the radius and the interval of convergence for the following power series. Justify your answer! Remember to check the endpoints of the interval for convergence, if necessary. Show all of your work clearly and name any convergence tests that you use. 2 k(x - 3) (-2) 1. What components of GDP (if any) on the expenditure side of the accounts would each of the following transactions change? If dollar amounts are given, provide the dollar amount in your answer. a. A U.S. family buys a new refrigerator made in Illinois b. A U.S. family buys a new refrigerator made in China c. You buy a new house in Chicago d. You buy a pizza from Dominos e. California repaves U.S. highway one. f. GM sells a car from its inventory of cars g. You sell a house built in 2000. The original purchase price was $120,000, your sale price is $200,000, of which $10,000 goes to a real estate agent as sales commission. h. U.S. government spending for unemployment benefits decreases because of declining unemployment. i. A parent pays $1,000 for daycare for their child. j. Ben and Jerrys buy milk to make ice cream. k. You buy $20 of yarn at a craft store. You use the yarn to make a sweater, which would cost $80 if sold at Target. 1. Your parents live in a home that they purchased in 2002. An identical home is rented by their neighbor for $2,000 a month. Question 1 (6 points) Find the radius and the interval of convergence for the following power series. Justify your answer! Remember to check the endpoints of the interval for convergence, if necessary. Show all of your work clearly and name any convergence tests that you use. 2 k(x - 3) (-2)
