3 . Problems and Applications Q1

Indicate what components of GDP (if any) each of the following transactions would aect Check 3!! that apply. Government Net Transaction Consumption Investment Purchases Exports Ford manufactures a Focus and sells itto Avis. the car rental I: I: :l _ company. Aunt Polly buys a new air conditioner from a domestic I: I: :l _ manufacturer. Texas hires public middle school teachers. I: I: :I _ The Jackson family buys an old Victorian house from the Walker . I: I: :l _ family. Dell sells a desktop computer from its inventory to the Johnson . I: I: :l _ family. Your parents buy a bottle of French wine. I: I: :I _ AuntJane buys a new house from a local builder. I: I: :I Your parents pay an accountant to le their tax returns. I: I: :I _