Which of the following transactions would enter gnp, Business Economics

Which of the following transactions would enter gnp

Question: 1. Which of the following transactions would enter GNP? Why?

a. Joel Smith buys a stamp from the Post Office.

b. Joe L. Smith buys a birthday present to be given to Joel.

c. Jo Lee Smith buys paper to use in her computer programming firm.

d. Jim Smith pays for a motel room while on vacation.

e. Jack Smith buys a Victorian house.

f. John Smith pays his electric bill.

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