Answer to Question #40602 in Macroeconomics for sajid
Q. Differentiate b/w GDP and GNP .What components of GDP if any would each of the following transactions effect? Explain 1. A family buys new refrigerator 2. Anny buys a new house 3. Ford sells a Mustang from its inventory 4. You buy one dozen eggs. 5. Honda expands its factory in Ohio.
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