In each of the following purchases (transactions) by you, how would each transaction be recorded for the Canadian economy using the expenditure approach to measure Gross Domestic Product (GDP) for the Canadian economy?Treat each transaction separately. In other words how is each transaction recorded under Consumption, Investment, Government purchases net exports or a combination of expenditures?

(1)You buy an office desk from Wal Mart (retail store) in a Halifax Shopping Mall for a retail price of $400. Wal Mart purchased the office desk from a company who makes office desk in Nova Scotia for $200.

(2)You buy the office desk from Wall Mart in a Halifax Shopping Mall for a retail price of $400. Wall Mart purchased the office desk from a company who makes office desk in the Ontario for $100.

(3)You buy a used office desk from a friend for $50.

(4)Which of the above transactions has the largest impact on GDP for the Nova Scotia economy and why?