Diddy spends $1,500 on a new laptop to use in his business in San Francisco. The laptop was built in Canada. Investment spending and net exports both increase by $1500, GDP increases by $3000 Consumption spending increases by $1500, net exports decreases by $1500 O Consumption spending and net exports both increase by $1500, GDP increases by $3000 O Investment spending and GDP both increase by $1500 O Investment spending increases by $1500, net exports decreases by $1500 Consumption spending and GDP both increase by $1500 Investment spending and net exports both increase by $1500
Diddy spends $1,500 on a new laptop to use in his business in San Francisco. The laptop was built in Canada. Investment spending and net exports both increase by $1500, GDP increases by $3000 Consumption spending increases by $1500, net exports decreases by $1500 O Consumption spending and net exports both increase by $1500, GDP increases by $3000 O Investment spending and GDP both increase by $1500 O Investment spending increases by $1500, net exports decreases by $1500 Consumption spending and GDP both increase by $1500 Investment spending and net exports both increase by $1500
Brief Principles of Macroeconomics (MindTap Course List)
8th Edition
ISBN:9781337091985
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter8: Savings,investment And The Financial System
Section: Chapter Questions
Problem 4PA
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