Indicate Whether the Following Transactions Would Be Included in GDP

question 28

Essay

Indicate whether the following transactions would be included in GDP. If they are included, indicate which component (consumption, investment, government consumption and gross investment, or net exports) of GDP would be affected.
a.A Czech student attending school in Florida takes a summer job as a lifeguard.
b.A New York company buys welding equipment from a St. Louis firm to help it build jet fighters.
c.The IRS purchases a new computer from the GATS computer company (an American-owned business producing and operating in Germany) that will allow it to better detect income tax evasion.

Grasp the basic structure of atoms and the chemical composition of cells.

Understand the basic principles of nucleotide base pairing and its relevance to DNA and RNA.

Identify the roles and functions of cellular organelles, including the Golgi apparatus and the endoplasmic reticulum, in protein synthesis.

Recognize the components and structure of amino acids, proteins, and their assembly process.

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Definitions:

Inferior Rectus

A muscle in the eye that primarily aids in looking downward and contributes to the rotation of the eyeball.

Linea Alba

A fibrous structure that runs down the midline of the abdomen, providing attachment for abdominal muscles.

Serratus Anterior

The serratus anterior is a muscle that originates on the surface of the 1st to 8th ribs at the side of the chest and inserts along the entire anterior length of the medial border of the scapula, playing a crucial role in the movement of the shoulder blade.

Rectus Abdominis

A major abdominal muscle that helps in movements of the trunk and stabilizes the pelvis.