ame the component of GDP the action will be classified under

\\ame the component of GDP the action will be classified under (consumption, investment, government purchases, and net exports) if not, explain why

1. United airlines buy a used Boeing plane from Southwest Airlines

Solution

it was a component of investment part. Buying a used plane by United airlines is an investment of united airlines but it was not increasing any production or new investment when we see from a country perspective. because southwest and united airlines both are same country\'s airline, so buying a used plane is transfer of investment.