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Question 1. (25 points.) How the following events affect currentyear US GDP and its components? Current year refers to the year in which the activity
Question 1. (25 points.) How the following events affect currentyear US GDP and its components? "Current year" refers to the year in which the activity takes place. Use the table below to indicate your answers and, if needed, space after the table to briey explain your reasoning. If you believe some event did not change GDP, explain why. For all parts of this question, assume a zero prot margin. a) Chemistry Surfboards based out of Oceanside, CA manufactures a board in 2019 and does not sell it that year. b) In 2020, the US government pays unemployment compensation to Stephany and Greg. c) Stephany buys the Chemistry surfboard from part (a). (1) Greg buys a surfboard, produced by Hayden Shapes in Australia. e) Trinity and Neo, shareholders of Chemistry Surfboards, sell some of their shares. f) Trinity uses the cash from part (c) to buy Stephany's condo. g) Neo uses his money from part (c) to purchase a new house. h) Neo moves into his new house from part (g) and starts living in it
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