Question
In the blank preceding each event below, indicate whether the event would increase(+), decrease(-), or not change (0) GDP. ___A) I hire a maid to
In the blank preceding each event below, indicate whether the event would increase(+), decrease(-), or not change (0) GDP.
___A) I hire a maid to clean my house through a cleaning company I find in the phone book.
___B) I then fall in love with the maid (from part A), marry her, and she agrees to be a housewife.
___C) Your gardener quits (deciding it is more profitable to sell marijuana than cut grass).
___D) A burglar steals your stereo
___E) You buy a new stereo to replace the one that was stolen
___F) Master Pat Mei teaches you the five-point-palm-exploding heart technique in exchange for you cleaning his house and cooking for him.
___G) I sell my prized David Hasselhoff autographed 8x10 (that I originally bought in 1987) for some hard cash.
___H) The fraction of women working outside the home increases.
___I) Mr. Lebowski pays the $1 million dollar ransom to the kidnappers responsible for abducting his wife.
___J) Jonathan begins moonlighting as an unlicensed private investigator, finding clients via Craigslist . He is paid in cash and does not report his income to the IRS.
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