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3 . Problems and Applications Q1 Indicate what components of GDP (if any) each of the following transactions would affect. Check all that apply. Government

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3 . Problems and Applications Q1 Indicate what components of GDP (if any) each of the following transactions would affect. Check all that apply. Government Net Transaction Consumption Investment Purchases Exports Uncle Henry buys a new refrigerator from a domestic manufacturer. O O O O Dell sells a desktop computer from its inventory to the Johnson O O O O family. Your parents buy a bottle of French wine. O O O O You pay a hairdresser for a haircut. O O O The Jackson family buys an old Victorian house from the Walker O O O O family. Uncle John orders 10 new computers for his finance business. O O O New York hires workers to plow snow after a snowstorm. O O O O Ford manufactures a Focus and adds it to its inventory. O O O O

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