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For Each of the Following, How Would They Be Included

Question 206

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For each of the following, how would they be included in the national income accounts?
a. The University of California buys a new computer.
b. Charles buys a new MP3 player.
c. Marian buys a new mountain cabin.
d. Vikki buys an old mansion with hopes of restoring it.
e. Farmer Brown buys a used combine harvester.

Correct Answer:

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a. Government purchases. Purchased by a ...

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