Short Answer
In each of the following cases, indicate if GDP is affected, under what category and what happens to GDP.
a. You buy a used textbook from one of your classmates.
b. You buy a new umbrella.
c. Ella, a French tourist, has a haircut in a salon in San Francisco.
d. New Orleans cleans up after a devastating hurricane.
e. Avon Barksdale buys a shipment of cocaine from Colombia.
f. You pay a monthly rent to Mrs. Wong, your landlady.
g. Kiyah spends two hours baby-sitting her little brother.
h. You hire Bruce Tree Service to mow your lawn every week.
i. Jodi purchases her first home, a 1980s fixer-upper.
j. The president of Ohio State University is given a salary increase.
Correct Answer:

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