Explain Why the Value of the GDP in 2018 Would

Essay

Explain why the value of the GDP in 2018 would or would not change as a result of each transaction described below:
a.In 2018, the Smith family purchased a new house that was built in 2018.
b.In 2018, the Jones family purchased a house that was built in 2007.
c.In 2018, a construction company purchased windows to put in the Smith family home that was built in 2018.
d.In 2018, Mr. Jones painted all of the rooms of the Jones family house purchased in 2015, using paint and supplies purchased in 2018.
e.In 2018, Mr. Smith used an online brokerage service to purchases shares of stock in a construction company.