Examlex

Solved

Explain Which Expenditure Category of GDP Changes and the Direction

question 88

Essay

Explain which expenditure category of GDP changes and the direction of the change that results for each of the following transactions:
a.A domestic business purchases a domestically produced computer to use in a business office.
b.A domestic business produces a computer that is sold to a foreign company.
c.The federal government purchases a domestically produced computer to use in a court house.
d.A domestic household purchases a domestically produced computer to use in a home.
e.A domestic household purchases a computer produced in a foreign country to use in a home.


Definitions:

Trespass

The act of entering someone's land or property without permission.

Public Nuisance

An act or omission that obstructs, damages, or inconveniences the rights of the community.

Surface

The outermost or uppermost layer of something, often referring to land or the external aspect of objects.

Crown Grant

A legal document issued by the crown (government) transferring an interest in land (usually ownership or a lease) to a private individual or entity.

Related Questions