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Business, 01.07.2020 16:01 saintsfan2004
For each of the following scenarios, classify the type of spending (C, I,G, Xn), describe its impact on gross domestic product (increase, decrease, not impacted), and explain.
A. A new airplane purchased by United Parcel Service.
B. The tuition you pay during your first year of college.
C. The social security check your grandmother receives.
D. A new purchase of 50,000 shares of Time/Warner stock.
E. A new pair of tennis shoes made in China and purchased by an American shoe store.
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For each of the following scenarios, classify the type of spending (C, I,G, Xn), describe its impact...
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