Macro-lecture-02

You bought a used car from your friend, worth $20,000.

This should add up to GDP.

• True

• False

The government sent you a SAR 1,000 because you are currently unemployed. This should add up to GDP

• True

• False

A firm purchased a $100M worth of machinery to manufacture laptops.

This should add up to GDP

• True

• False

A farmer sold SAR 100 worth of apples to a supermarket, which again resold the apples for SAR 200.

GDP should increase by...

• SAR 100

• SAR 200

• SAR 300

• shouldn't increase.

An American-owned phone manufacture in China. Their finale product should add up to China's GDP

• True

• False