Essay
For each of the following scenarios, identify the component of AE that is affected and the impact on AE, and holding everything else equal.
(a) You purchase a new Ford Fusion from the local dealership.
(b) Consumers decide to save more in preparation for an uncertain economic period ahead.
(c) Your company brings in steel from Canada as a raw material.
Correct Answer:

Verified
Correct Answer:
Verified
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