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Discuss which of the following fall into the categories of consumption, investment, government expenditure and net exports from the Y = C + I +
Discuss which of the following fall into the categories of consumption, investment, government expenditure and net exports from the Y = C + I + G + NX (X - M) identity, and whether the impact is to increase or decrease GDP.
- Charles buys a second-hand textbook from Tim.
- When Charles bought the book, he paid Sarah $10 to collect it from Tim.
- Thomas buys a new house
- Your firm sells meat to Indonesia
- The fish and chips shop down the road buys fish to make meals for diners.
- The same shop buys a deep fryer to fry fish for meals.
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