Explain Why the Value of the GDP in 2018 Would

question 16

Essay

Explain why the value of the GDP in 2018 would or would not change as a result of each transaction described below:
a.In 2018, the Smith family purchased a new house that was built in 2018.
b.In 2018, the Jones family purchased a house that was built in 2007.
c.In 2018, a construction company purchased windows to put in the Smith family home that was built in 2018.
d.In 2018, Mr. Jones painted all of the rooms of the Jones family house purchased in 2015, using paint and supplies purchased in 2018.
e.In 2018, Mr. Smith used an online brokerage service to purchases shares of stock in a construction company.

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Definitions:

Leadership Style

The manner and approach of providing direction, implementing plans, and motivating people.

Deliver Efficient Results

Achieving objectives or outputs in an effective manner with minimal waste of time, effort, or resources.

Persuasion

The act or process of influencing someone's beliefs, attitudes, intentions, motivations, or behaviors through argument, reasoning, or appeal.

Avoid Punishment

A motivation strategy where actions are taken to evade consequences, often seen in contexts involving rules, regulations, or undesirable outcomes.