General Motors builds $500 million worth of cars, but consumers only buy $470 million worth of them
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In each of the following cases, determine how much GDP and each of its components is affected?
- Ahmad spends $300 to buy his dinner at the finest restaurant in Boston.
- Abdul spends $1500 on a new laptop to use it in his software company in KSA.The laptop was built in China.
- Jane spends $1200 on a computer to use in her editing business.She got last year’s model on sale for a great price from a local manufacturer.
- General Motors builds $500 million worth of cars, but consumers only buy $470 million worth of them
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