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Because it is counted as investment, why doesn't the purchase of earthmoving equipment from China by a U.S. corporation increase U.S. GDP? Identify the immediate
- Because it is counted as investment, why doesn't the purchase of earthmoving equipment from China by a U.S. corporation increase U.S. GDP?
- Identify the immediate effect of each of the following events on U.S. GDP and its components:
- James receives a Social Security check.
- John buys an Italian sports car.
- Henry buys domestically produced tools for his construction company.
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