Discuss which of the following fall into the categories of consumption, investment,government expenditure and net exports from the Y= C+ I + G + NX (X - M) identity , and sheathed the impact is to increase or decrease GDP a) Charles buys a second hand textbook from Tim b) when Charles bought the book, he paid Sarah $10 to collect it from tim c) Thomas buys a new house
Discuss which of the following fall into the categories of consumption, investment,government expenditure and net exports from the Y= C+ I + G + NX (X - M) identity , and sheathed the impact is to increase or decrease GDP a) Charles buys a second hand textbook from Tim b) when Charles bought the book, he paid Sarah $10 to collect it from tim c) Thomas buys a new house
Chapter19: The Keynesian Model In Action
Section: Chapter Questions
Problem 3SQ
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Discuss which of the following fall into the categories of consumption, investment,government expenditure and net exports from the Y= C+ I + G + NX (X - M) identity , and sheathed the impact is to increase or decrease
a) Charles buys a second hand textbook from Tim
b) when Charles bought the book, he paid Sarah $10 to collect it from tim
c) Thomas buys a new house
d) your firm sells meat to Indonesia
e) the fish and chips shop down the road buys fish to make meals for dinner
f) the same shop buys deep fryer to fry fish for meals
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