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Which of the following components of GDP (if any) would each of thefollowing transactions affect? Explain.(a) A family buys a new refrigerator(b) Aunt Jane buys a new home.(c) Ford sells a Mustang from its inventory(d) You buy a pizza.(e) California repaves highway 101(f) Your parents buy a bottle of French Wine(g) Honda expands ifs factory in Marysville, Ohio.
What components of GDP, if any, would each of the following transactions affect?
1.Your family buys a new refrigerator.
2. Aunt Jane buys a new house.
3. Art sells his 1965 Mustang.
4. California re-paves Highway 101.
5. Toyota expands its factory in Princeton, Indiana.
6. Jim buys recreational marijuana from a dealer in Phoenix.
