What components of GDP (if any) would each of the following transactions affect? Explain. (a) Aunt Bee buys a new dining room table produced by a domestic manufacturer. (b) Mr. Davis hires a local contractor to build a new house. (c) Buick sells a new Envision SUV to Enterprise Rent-A-Car. (d) The federal government sends your Uncle Dave a disability check (Social Security Disability Insurance). (e) You purchase $100,000 worth of U.S. Treasury bonds. (f) Your parents purchase 3 pounds of authentic Prosciutto di Parma (produced in the Italian city of Parma). (g) The City of Trenton purchases three new police cruisers.

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A:

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