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eted 20 out of 23 Submit All 13 of 23 Sizing Up the Economy Using GDP - End of Chapter Problem For the transactions given
eted 20 out of 23 Submit All 13 of 23 Sizing Up the Economy Using GDP - End of Chapter Problem For the transactions given determine if they contribute to the calculation of GDP as total spending and categorize them Macmillan Learning according to GDP component (Consumption, Investment, Government purchases, or Net exports). Consumption Investment Government Net exports Not counted in GDP purchases as final spending Answer Bank The U.S. government spends $523.1 billion on national defense. American consumers import $3.5 billion of woven apparel from Bangladesh. Entrepreneur and Shark Tank investor Barbara Corcoran purchases 15% of Cousins Maine Lobster food truck company for $55.000. Molly Maid provides house cleaning services across the United States. Michelin sells tires to Nissan to install on their 2019 Sentras that are produced and sold in the United States. acer
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