1. A rock falling on a one year old $30,000 American car and the American owner goes to an American dealership and buys a brand new $30,000 car. 2. US government buying $5000 worth of tea from UK Explain whether the following information change the value of GDP in the US country. Then there is one other thing I need depending on your answer: (A) If you say it increases or decreases GDP, explain why either including this item skews GDP in some way, or that it is perfectly correct to have this change affect GDP the way you describe. (B) If you say that GDP is not affected by the information, explain whether it should be or explain why it is consistent with GDP is supposed to calculate not to include it.
1. A rock falling on a one year old $30,000 American car and the American owner goes to an American dealership
and buys a brand new $30,000 car.
2. US government buying $5000 worth of tea from UK
Explain whether the following information change the value of GDP in the US country. Then there is one other thing I need depending on your answer:
(A) If you say it increases or decreases GDP, explain why either including this item skews GDP in some way, or that it is perfectly correct to have this change affect GDP the way you describe.
(B) If you say that GDP is not affected by the information, explain whether it should be or explain why it is consistent with GDP is supposed to calculate not to include it.
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