Question

150 150 for each of the Contribution to following transactions, determme Current years GDP. c) A homemaker enters the work force, taking a job that pays GHC 40,000 a year The homemaker now hires a nanny who is paid GHC 16,000 per year. d) You are informed that you have won a lottery worth GHC 3million to be para to you immediately. e) You are informed that you have won a lottery worth GHC 3million to be paid to you immediately. In addition, the GNL pays you GHC 5000 to appear in their promotional advert. ) Busy internet replaces all its stock of all computers with brand new locally manufactured computers from reg worth GHC 100m. It sells its old computers for GHC 40million to rLg which resells them for GHC 60million after some minor repairs work on them. Problem five

Answer 1

for cach of the Pollasing Combribution t COOEmt ransahon ceternine the Gop CDp u be fnereaseS by 40000 + 16 000 -56000 on the inCome accountr CEmploye apes child amngs Produet approachi oosal ay liooo 56000 Epraiture approct. 5too(Censunylan spending On chnd care Services $16 000 plus $400DO in Calgoie that depand on uohat hone maker Spende hicon her hcont 3mCome afproach 5tooo( Compensaton of homemaker 1o00 lnloms to the factYS Producing the child Care enmployea oaged.et GDp o ret change SPers aonds paymentrand The Lotrery amountr ol not Calaulated asCp amountr Produet approchi- itis zero belaue bothing isPreokual Ex pendiare appronch- itic also zero. E 1s trancper ot the Fncome approach o because tis net a Payment toatacter of preauch Just The ts GDP Lo increase by aHc. in the in Come accoun tr Prom the Promo tonal advest Product approach t5o0o OF adver tising Servrce Expenditare approach! 4 50co of GaL Purchaces- Mon Come approach! $ 50o0- Compencaton In This GDP otll intraase by 120 milion bnthe procuckon actauntr. Guc Neo manufaclave Compulers ts The Lottery amounts ae the tran ex Pente tiancfer prom 19 0orth lco m at Sells its old Com pules PoraHc Aomil to which recells them for GHc 6omi llon) Go-40-20m repais used computes e Can Count this on exendit Guc SL00 milron on Services on approach shouing GHe 420 miLTon on ConSunption favatnent