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In the following case, determine how much GDP and each of its components is affected (if at all). Jane spends $1200 on a computer to

In the following case, determine how much GDP and each of its components is affected (if at all).

  1. Jane spends $1200 on a computer to use in her editing business.She got last year's model on sale for a great price from a local manufacturer.

Next considering that GDP is only a rough indicator of a society's standard of living, provide some suggestions for a better way to measure the well-being of a society. Provide some examples, and use the case that is listed above in number one as the example. For the example use the case that is listed in number one.

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