For each of the following scenarios, identify the component of AE that is affected, and holding everything else equal.
(a) You and your friends spend spring break on the beaches of Miami.
(b) Your business installs large production assembly machines in your factory.
(c) Your parents increase the amount the save each month because interest rates have risen in the economy.

Question

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The Answer of For each of the following scenarios, identify the component of AE that is affected, and holding everything else equal.
(a) You and your friends spend spring break on the beaches of Miami.
(b) Your business installs large production assembly machines in your factory.
(c) Your parents increase the amount the save each month because interest rates have risen in the economy.

For Each of the Following Scenarios, Identify the Component of AE