Macroeconomics (Fourth Edition)
Macroeconomics (Fourth Edition)
4th Edition
ISBN: 9780393603767
Author: Charles I. Jones
Publisher: W. W. Norton & Company
Question
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Chapter 2, Problem 2E

(a)

To determine

The increase in GDP if 5,000 is spent on college tuition fee.

(b)

To determine

The increase in GDP if a person buys a used car for $2500.

(c)

To determine

The increase in GDP if government spends $100 million to build a dam.

(d)

To determine

The increase in GDP if a foreign graduate works at the local university.

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