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How do each of the following events affect the current level of U . S . GDP ( Y ) and its four components ,
How do each of the following events affect the current level of US GDP and its four components and For this question, assume that General Motors does all its manufacturing in the United States and that all people and firms are American unless otherwise specified.
a General Motors sells a car to the Kim family out of its inventory.
b General Motors sells a car to Avis, the car rental company, out of its inventory.
C Volvo, the Sweedush car company, makes a car and sells it into an American family.
D The feseral governemnt gives the Jackson family s tax cut, the proceeds from which the Jacksons save to buy a car in the future.
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