Dryan H.

asked • 02/10/21

For each of the following scenarios, classify the type of spending (C,I,G,Xn), describe its impact on gross domestic product (increase, decrease, not impacted), and explain your answer.

  1. A new airplane purchased by United Parcel Service
  2. The tuition you pay during your first year of college
  3. The social security check your grandmother receives
  4. A new purchase of 50,000 shares of Time/Warner stock
  5. A new pair of tennis shoes made in China and purchased by an American shoe store

1 Expert Answer


Michael A. answered • 02/11/21

5 (45)

Top-Rated AP Macroeconomics Teacher and Exam Reader

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