10. (LO 3) Suppose that new automobile purchases were treated like new housing purchases in national income...

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10. (LO 3) Suppose that new automobile purchases were treated like new housing purchases in national income accounts. How would that affect savings, consumption, investment, GDP, and DI? (Hint: This question is about reclassification, not about cause and effect.)

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Principles Of Macroeconomics

ISBN: 9780226818399

8th Edition

Authors: Sayre, J.E.; Morris, A.J.

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