Which of the following would have an impact on GDP?
a- John bought a used car
b- The U.S. imports more consumer products to meet aggregate demand
c- Georgia spends $1 Million to build a new bridge
All of the following options would have an impact on GDP:
a- John buying a used car would directly contribute to GDP as it represents a consumer expenditure.
b- The U.S. importing more consumer products to meet aggregate demand would also impact GDP as it represents an increase in net exports, which is a component of GDP.
c- Georgia spending $1 Million to build a new bridge would have an impact on GDP as it represents government expenditure on infrastructure, which is a component of GDP.