In which line (or lines) of Table 5.3 (the spending approach) would the value of each of
Question:
In which line (or lines) of Table 5.3 (the spending approach) would the value of each of the following be counted? "Not counted in any category" is also an option.
a. C. A new refrigerator bought by a family
b. A book newly produced in Indiana and bought by a store in Mexico New computers, manufactured in Asia, bought by a U.S. accounting company
d. Meals produced and served in Virginia to military personnel
e. f. New computers, produced in the United States, bought by a U.S. computer retail chain and not yet sold by the end of the year A three-year-old couch bought by a used furniture store in Arizona g. Cleaning services bought by a nonprofit hospital in New York h. The services of volunteers in an environmental action campaign
Step by Step Answer:
Macroeconomics In Context
ISBN: 125384
2nd Edition
Authors: Neva Goodwin, Jonathan Harris, Julie A. Nelson, Brian Roach & Mariano Torras