Which of the following transactions would not be counted in GDP? Explain your an
ID: 1240179 • Letter: W
Question
Which of the following transactions would not be counted in GDP? Explain your answers. General Motors issues new shares of stock to finance the construction of a plant. General Motors builds a new plant. Company A successfully launches a hostile takeover of company B, in which company A purchases all the assets of company B. Your grandmother wins $10 million in the lottery. You buy a new copy of this textbook You buy a used copy of this textbook. The government pays out Social Security benefits. A public utility installs new antipollution equipment in its smokestacks. Luigi's Pizza buys 30 pounds of mozzarella cheese, holds it in inventory" for 1 month, and then uses it to make pizza (which it sells). You spend the weekend cleaning your apartment. A drug dealer sells $500 worth of illegal drugs.Explanation / Answer
j cleaning apartment will not effect GDP
Related Questions
Hire Me For All Your Tutoring Needs
Integrity-first tutoring: clear explanations, guidance, and feedback.
Drop an Email at
drjack9650@gmail.com
drjack9650@gmail.com
Navigate
Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.