Ii) suppose the following four actions occur in the usa. how much would these combined actions add to us gdp in 2017? give a brief explanation justifying your answer. a. a japanese carpenter, living and working in the usa, purchases $3,000 worth of materials used directly in the production of a garage, which is then sold to smith, a canadian living in the usa, for $17,000. b. isabella goes to land she owns, cuts down a tree, and uses the wood to build a garage for personal use that is worth $15,000. c. you purchase a used computer from a friend for $400. d. joe spends $1000 on a stereo, and $20 on a haircut. e. ford (us company) builds cars and the total is valued at $20,000, in a factory in china. 2. the following transactions are recorded for stonyland 2017. a. consumers spend $600 buying plastic bags, $400 buying bread, and $70 on imported peanut butter. b. the government spends $80 buying bread and $200 buying imported peanut butter. c. the bread company buys $50 of flour from a flour company and uses it entirely to make bread which they sell all of it to consumers. the bread company buys $100 of new bread machines from a domestic machine company. d. the wheat company exports $50 of wheat. calculate 2017 stonyland gdp. (10 pts)

Ido not understand this project overview agricultural commodities are bought and sold through the stock exchange. the price of commodities changes all the time. investors buy many agricultural commodities before they are ready for shipping. when an investor buys an agricultural commodity that is going to be ready in the future, they call this purchasing futures. this might be a future crop, meat that has not yet been processed, or another type of agricultural commodity. for this project, you will have to decide how to spend $10,000. research the new york stock exchange. find one or more agricultural commodities that you are interested in. remember, it may be listed as a future crop. instructions identify the agricultural commodities that you think have the best chance of going up in price. think about what is going on with supply and demand. decide how you will spend your money. you may purchase only agricultural commodities. check the market every day for a week. record the price of your commodity or commodities each day. you may buy or sell your commodities at any time during the week. you may sell your commodities and buy different ones. feel free to experiment with the $10,000 by buying and selling commodities, but make sure to keep a careful record of your activities. at the end of the week, you will write a report on your investments. this report should be structured to include this information: page 1: explain how the stock market works. page 2: list all commodities purchased. describe each in detail. discuss why you selected these commodities. remember, they must be agricultural. page 3: create a chart or graph to illustrate the price of your commodity or commodities over the week’s time. list all of your activity buying and selling. make sure you include prices and details. page 4: write a summary of your experience. describe what you might do differently if you were using actual money. propose potential reasons why the price of each commodity may go up or down.