Chapter9: Demand-side Equilibrium: Unemployment Or Inflation?
Section: Chapter Questions
Problem 3TY
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- State whether each of the following transactions is a part of aggregate demand in the United States, and whether it is C, I, G, X, or IM.
a. David buys a keyboard synthesizer made in the United States
b. A Japanese automaker buys stock in an American auto company
c. A Japanese automaker builds an assembly plant in Illinois
d. Will buys a compact disc player made in Japan
e. Dieter, a German resident, buys frozen chickens that were raised in the United States
f. The U.S. government sends an insurance check to Renee, an
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