Question
For each of the following, determine whether it is part of U.S. GDP/Aggregate Demand and, where possible, determine if it is Consumption, Investment, Government Purchases,
For each of the following, determine whether it is part of U.S. GDP/Aggregate Demand and, where possible, determine if it is Consumption, Investment, Government Purchases, EXports, and/or IMports. All agents are U.S.-based unless otherwise noted. Explain your answers, including any assumptions made.
(a) (2 pts) Diane buys a Microsoft Office 365 license for her sole-proprietor accounting business
(b) (2 pts) Sakura, an entrepreneur from Japan, sells her books to public schools in California
(c) (2 pts) Rhonda is hired as a police officer by the city of Spokane, Washington
(d) (2 pts) Maria, an investor from Argentina, buys shares in Tesla
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