National income and product data are generally revised. What effects would the following revisions have on consumption,

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National income and product data are generally revised. What effects would the following revisions have on consumption, investment, government purchases, net exports, and GDP?
a. It is discovered that consumers bought $600 million more furniture than previously thought. This furniture was manufactured in Quebec.
b. It is discovered that consumers bought $600 million more furniture than previously thought. This furniture was manufactured in Sweden.
c. It is discovered that businesses bought $600 million more furniture than previously thought. This furniture was manufactured in Quebec.
d. It is discovered that businesses bought $600 million more furniture than previously thought. This furniture was manufactured in Sweden.
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Macroeconomics

ISBN: 978-0321675606

6th Canadian Edition

Authors: Andrew B. Abel, Ben S. Bernanke, Dean Croushore, Ronald D. Kneebone

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