Essay
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.
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a.Government purchases.Purchased by a st...View Answer
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