Macroeconomics (Fourth Edition)
Macroeconomics (Fourth Edition)
4th Edition
ISBN: 9780393603767
Author: Charles I. Jones
Publisher: W. W. Norton & Company
Question
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Chapter 2, Problem 3E

(a)

To determine

The increase in GDP if the computer company buys parts from a local distributor.

(b)

To determine

The increase in GDP if the agent earns a commission of $6,000.

(c)

To determine

What happens to GDP during recession.

(d)

To determine

What happens to GDP if the US airlines purchase and import $50 million worthy of airplanes from the European company.

(e)

To determine

What happen to GDP if new European airlines purchase $50 million from the Americcan company.

(f)

To determine

What happens to GDP if the store buys chocolate from Country B and sells it to the US for $125,000.

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