How would the transactions affect gdp

Reference no: EM133714242

Question: How would the transactions affect GDP? Will they affect GDP in any way? Increase/Decrease? Provide a brief explanation in ONE LINE ONLY in each instance. (a) Parallel (Underground) economy transactions decrease. (b) Geoffrey is offering his family members hair styling at home due to COVID -19 for free while earlier the family members were getting them done at salons.

Reference no: EM133714242

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How would the transactions affect gdp : Provide a brief explanation in ONE LINE ONLY in each instance. (a) Parallel (Underground) economy transactions decrease. (b) Geoffrey is offering his family

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