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.

---

Definitions:

Indirect Approach

A communication strategy where the main point is not presented directly at the beginning but is introduced later in the message.

Refusing Claims

The act of denying or rejecting claims, often in the context of insurance or customer service disputes.

Adjustments

Changes or modifications made to improve a system, process, or document.

Routine Request

A standard or regular request made in a business or professional context, often for information or action.