4. Place each of the following transactions in one of the four components of expenditure: consumption, investment,

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4. Place each of the following transactions in one of the four components of expenditure:

consumption, investment, government purchases, and net exports.

a. Boeing sells an airplane to the Air Force.

b. Boeing sells an airplane to American Airlines.

c. Boeing sells an airplane to Air France.

d. Boeing sells an airplane to Amelia Earhart.

e. Boeing builds an airplane to be sold next year.

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Macroeconomics

ISBN: 9781429218870

7th Edition

Authors: N. Gregory Mankiw

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