In each of the following cases, indicate if GDP is affected, under what category and what happens to GDP.
a. You buy a used textbook from one of your classmates.
b. You buy a new umbrella.
c. Ella, a French tourist, has a haircut in a salon in San Francisco.
d. New Orleans cleans up after a devastating hurricane.
e. Avon Barksdale buys a shipment of cocaine from Colombia.
f. You pay a monthly rent to Mrs. Wong, your landlady.
g. Kiyah spends two hours baby-sitting her little brother.
h. You hire Bruce Tree Service to mow your lawn every week.
i. Jodi purchases her first home, a 1980s fixer-upper.
j. The president of Ohio State University is given a salary increase.

Question

In each of the following cases, indicate if GDP is affected, under what category and what happens to GDP. 
a. You buy a used textbook from one of your classmates. 
b. You buy a new umbrella. 
c. Ella, a French tourist, has a haircut in a salon in San Francisco. 
d. New Orleans cleans up after a devastating hurricane. 
e. Avon Barksdale buys a shipment of cocaine from Colombia. 
f. You pay a monthly rent to Mrs. Wong, your landlady. 
g. Kiyah spends two hours baby-sitting her little brother. 
h. You hire Bruce Tree Service to mow your lawn every week. 
i. Jodi purchases her first home, a 1980s fixer-upper. 
j. The president of Ohio State University is given a salary increase.

Quizplus · Accepted Answer

The Answer of In each of the following cases, indicate if GDP is affected, under what category and what happens to GDP. 
a. You buy a used textbook from one of your classmates. 
b. You buy a new umbrella. 
c. Ella, a French tourist, has a haircut in a salon in San Francisco. 
d. New Orleans cleans up after a devastating hurricane. 
e. Avon Barksdale buys a shipment of cocaine from Colombia. 
f. You pay a monthly rent to Mrs. Wong, your landlady. 
g. Kiyah spends two hours baby-sitting her little brother. 
h. You hire Bruce Tree Service to mow your lawn every week. 
i. Jodi purchases her first home, a 1980s fixer-upper. 
j. The president of Ohio State University is given a salary increase.

In Each of the Following Cases, Indicate If GDP Is