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Macroeconomic Variables Assignment | Homework For You

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November 22nd, 2019

definitions for the following three key macroeconomic variables; real gross product, consumer price index and unemployment. Formulas can be used. Place each of the following transaction in one of the four components of expenditure: consumption, investment, government purchases, and net exports.

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a. A domestic consumer buys a bicycle built in Italy

b. A domestic bicycle manufacturer builds a bicycle in December but for sale in January.

c. A domestic consumer sells a bicycle to and American consumer.

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d. The Government of Ontario runs a bicycle training program.

e. A domestic bicycling manufacturer buys the latest bicycle manufacturing equipment from a supplier in France. Get Business Law homework help today

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