Survey of Economics: GDP Accounting Worksheet Place the transactions below in their appropriate categories in the GDP and calculate the overall effect on the GDP of the United States. My cost for auto repairs and inspection. ($1,000) The Moon township buys rock salt to maintain the municipality’s roads in the month of February ($2,000) An RMU student goes to study in Ireland for a total cost of ($5,000) A U.S. citizen buys a refrigerator from General Electric (A US company). ($1800) A US retailer buys a new cash register ($1500) The cost of auto parts used to repair my car ($300) My total gasoline bill for a year ($1,500) A Chinese citizen buys a U.S. government bond ($5,000) A Landscaping firm’s gasoline costs for a year ($2,500): A School district buys new uniforms for its basketball team ($1100) I invest in a fidelity mutual fund ($2,000) My total food cost for a year ($8,000) An American bank loans a German citizen ($5,000) An American buys a sewing machine to produce clothing for sale at a local flea-market ($500) A Mexican worker in the United States sends part of her paycheck back to family in Mexico ($2,000) The cost of a para-legal’s service for a district attorney ($2,500) My total utility and insurance bills for a year ($3700) I put a car port on my house ($2,000). Auto maintenance on a Moon Township police vehicle ($600) The German citizen in #13 makes a payment on the loan ($1,000). Survey of Economics: GDP Accounting Worksheet Place the transactions below in their appropriate categories in the GDP and calculate the overall effect on the GDP of the United States. My cost for auto repairs and inspection. ($1,000) The Moon township buys rock salt to maintain the municipality’s roads in the month of February ($2,000) An RMU student goes to study in Ireland for a total cost of ($5,000) A U.S. citizen buys a refrigerator from General Electric (A US company). ($1800) A US retailer buys a new cash register ($1500) The cost of auto parts used to repair my car ($300) My total gasoline bill for a year ($1,500) A Chinese citizen buys a U.S. government bond ($5,000) A Landscaping firm’s gasoline costs for a year ($2,500): A School district buys new uniforms for its basketball team ($1100) I invest in a fidelity mutual fund ($2,000) My total food cost for a year ($8,000) An American bank loans a German citizen ($5,000) An American buys a sewing machine to produce clothing for sale at a local flea-market ($500) A Mexican worker in the United States sends part of her paycheck back to family in Mexico ($2,000) The cost of a para-legal’s service for a district attorney ($2,500) My total utility and insurance bills for a year ($3700) I put a car port on my house ($2,000). Auto maintenance on a Moon Township police vehicle ($600) The German citizen in #13 makes a payment on the loan ($1,000).

Survey of Economics: GDP Accounting Worksheet Place the transactions below in their appropriate categories in the GDP and calculate the overall effect on the GDP of the United States. My cost for auto repairs and inspection. ($1,000) The Moon township buys rock salt to maintain the municipality’s roads in the month of February ($2,000) An RMU student goes to study in Ireland for a total cost of ($5,000) A U.S. citizen buys a refrigerator from General Electric (A US company). ($1800) A US retailer buys a new cash register ($1500) The cost of auto parts used to repair my car ($300) My total gasoline bill for a year ($1,500) A Chinese citizen buys a U.S. government bond ($5,000) A Landscaping firm’s gasoline costs for a year ($2,500): A School district buys new uniforms for its basketball team ($1100) I invest in a fidelity mutual fund ($2,000) My total food cost for a year ($8,000) An American bank loans a German citizen ($5,000) An American buys a sewing machine to produce clothing for sale at a local flea-market ($500) A Mexican worker in the United States sends part of her paycheck back to family in Mexico ($2,000) The cost of a para-legal’s service for a district attorney ($2,500) My total utility and insurance bills for a year ($3700) I put a car port on my house ($2,000). Auto maintenance on a Moon Township police vehicle ($600) The German citizen in #13 makes a payment on the loan ($1,000). Survey of Economics: GDP Accounting Worksheet Place the transactions below in their appropriate categories in the GDP and calculate the overall effect on the GDP of the United States. My cost for auto repairs and inspection. ($1,000) The Moon township buys rock salt to maintain the municipality’s roads in the month of February ($2,000) An RMU student goes to study in Ireland for a total cost of ($5,000) A U.S. citizen buys a refrigerator from General Electric (A US company). ($1800) A US retailer buys a new cash register ($1500) The cost of auto parts used to repair my car ($300) My total gasoline bill for a year ($1,500) A Chinese citizen buys a U.S. government bond ($5,000) A Landscaping firm’s gasoline costs for a year ($2,500): A School district buys new uniforms for its basketball team ($1100) I invest in a fidelity mutual fund ($2,000) My total food cost for a year ($8,000) An American bank loans a German citizen ($5,000) An American buys a sewing machine to produce clothing for sale at a local flea-market ($500) A Mexican worker in the United States sends part of her paycheck back to family in Mexico ($2,000) The cost of a para-legal’s service for a district attorney ($2,500) My total utility and insurance bills for a year ($3700) I put a car port on my house ($2,000). Auto maintenance on a Moon Township police vehicle ($600) The German citizen in #13 makes a payment on the loan ($1,000).

Economics For Today

10th Edition

ISBN:9781337613040

Author:Tucker

Publisher:Tucker

Chapter15: Gross Domestic Product

Section: Chapter Questions

Problem 12SQP

See similar textbooks

Related questions

Question

Survey of Economics: GDP Accounting Worksheet

Place the transactions below in their appropriate categories in the GDP and calculate the overall effect on the GDP of the United States.

My cost for auto repairs and inspection. ($1,000)
The Moon township buys rock salt to maintain the municipality’s roads in the month of February ($2,000)
An RMU student goes to study in Ireland for a total cost of ($5,000)
A U.S. citizen buys a refrigerator from General Electric (A US company). ($1800)
A US retailer buys a new cash register ($1500)
The cost of auto parts used to repair my car ($300)
My total gasoline bill for a year ($1,500)
A Chinese citizen buys a U.S. government bond ($5,000)
A Landscaping firm’s gasoline costs for a year ($2,500):
A School district buys new uniforms for its basketball team ($1100)
I invest in a fidelity mutual fund ($2,000)
My total food cost for a year ($8,000)
An American bank loans a German citizen ($5,000)
An American buys a sewing machine to produce clothing for sale at a local flea-market ($500)
A Mexican worker in the United States sends part of her paycheck back to family in Mexico ($2,000)
The cost of a para-legal’s service for a district attorney ($2,500)
My total utility and insurance bills for a year ($3700)
I put a car port on my house ($2,000).
Auto maintenance on a Moon Township police vehicle ($600)
The German citizen in #13 makes a payment on the loan ($1,000).

Survey of Economics: GDP Accounting Worksheet

Place the transactions below in their appropriate categories in the GDP and calculate the overall effect on the GDP of the United States.

My cost for auto repairs and inspection. ($1,000)
The Moon township buys rock salt to maintain the municipality’s roads in the month of February ($2,000)
An RMU student goes to study in Ireland for a total cost of ($5,000)
A U.S. citizen buys a refrigerator from General Electric (A US company). ($1800)
A US retailer buys a new cash register ($1500)
The cost of auto parts used to repair my car ($300)
My total gasoline bill for a year ($1,500)
A Chinese citizen buys a U.S. government bond ($5,000)
A Landscaping firm’s gasoline costs for a year ($2,500):
A School district buys new uniforms for its basketball team ($1100)
I invest in a fidelity mutual fund ($2,000)
My total food cost for a year ($8,000)
An American bank loans a German citizen ($5,000)
An American buys a sewing machine to produce clothing for sale at a local flea-market ($500)
A Mexican worker in the United States sends part of her paycheck back to family in Mexico ($2,000)
The cost of a para-legal’s service for a district attorney ($2,500)
My total utility and insurance bills for a year ($3700)
I put a car port on my house ($2,000).
Auto maintenance on a Moon Township police vehicle ($600)
The German citizen in #13 makes a payment on the loan ($1,000).

Expert Solution

Trending now

This is a popular solution!

Step by step

Solved in 4 steps

SEE SOLUTION Check out a sample Q&A here

Knowledge Booster

Learn more about

Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, economics and related others by exploring similar questions and additional content below.